Value of Facebook
Posted by admin | Under Computers and Software Tuesday May 26, 2009Now we know how much Facebook is really valued at. Facebook has sold a 1.96% stake for $200m to a Russian internet firm. This shows that the social networking website is valued at $10bn. Facebook boss Mark Zuckerberg said he had been impressed by Digital Sky Technology’s (DST) “impressive growth and financial achievements”. DST has investments in a number of internet firms across Russia and Eastern European. The US-based Facebook has more than 200 million global members. Whatever Facebook does or whatever is being done to Facebook, becomes news. When Facebook changed its looks, it led to one of the biggest revolutions in the internet domain. When facebook said whatever is posted on it is its own, it again created an upheavel.