Goldman Sachs and Digital Sky Technologies Invests $450m In Facebook

Facebook raised $ 500 million from Goldman Sachs and Digital Sky Technologies, the Russian investment company in a transaction that values the social networking site at $ 50 billion.

Goldman invested $ 450 million and DST contributed $ 50 million, according to people close to the deal, the newspaper reported. Under the agreement, Goldman can sell up to $ 75 million from its participation in the Russian group.

The investment values Facebook at more than Time Warner, Yahoo and eBay, and follows an increase in embedded value of the society of social media on the secondary market since June.

Passed Facebook Google at most visited site in the United States in 2010, according to a recent report by Experian Hitwise, the Internet research firm.

DST bought two shares per cent of Facebook for $ 200 in 2009, and is believed to have increased its share by about 10 percent by buying shares of Facebook employees.

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