Facebook has 499 New Friends Almost

Bar & Bench February 1 2011

Lexpert analyses the Goldman Sachs strategy of evaluating Facebook at $50 billion and how the investment banking firm went all the way to close the deal. The roleplay of Section 12(g) of the Securities Exchange Act has been discussed alongside bearing in mind the total number of investors below 500 in Facebook.

If it makes real money, Goldman Sachs is in it. And everyone believes Facebook will probably make real money someday. So it was no surprise that these two would get together sooner or later . . .

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