Goldman to invest up to $1.5 billion in Facebook, let the pump begin

What I want to know is, with a valuation of 50 billion dollars, how much more in value do they think it will go up? You buy now, you are pretty much buying at the top of the market. The real winners are zuckerberg and his buddies. There will be no massive gains for regular investors. basically only bragging rights that they get to say "they are part owners in facebook"
 
Quote from S2007S:


Let take notice of what the SEC does about this!!!!
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The Securities and Exchange Commission (SEC) is looking at whether a string of recent deals comply with rules that compel companies with 500 shareholders or more to make public certain financial information, according to the Wall Street Journal.

Goldman’s investment in the world’s most popular website in its field is likely to have only increased scrutiny of an area that was already attracting the interest of regulators.

The heavy trading in shares of well-known private companies such as Facebook has already prompted the SEC to examine how that market works.

SecondMarket Inc, which brings together buyers and sellers of shares in private companies, said that it had received a request from regulators for information and that it was co-operating.

Facebook, founded by Mark Zuckerburg while he was a student at Harvard University in 2004, has already taken measures to comply with the 500-shareholder rule. Employees, for example, are not allowed to sell their shares in the company, while more recent staff are awarded shares that have no value unless Facebook is either taken over or decides to float. The SEC, Goldman and Facebook declined to comment.

http://www.telegraph.co.uk/finance/...osure-rules-after-Goldmans-Facebook-deal.html
 
The heavy trading in shares of well-known private companies such as Facebook has already prompted the SEC to examine how that market works.

Stay tuned...breaking news for 2015 as the SEC reveals results of it's examination.

Yuppers, been 70+ years and we wait with bated breath while the SEC examines how short selling works.
 
Quote from RewriteQuran:

Facebook will fade away like Hotmail.
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And myspace, which was supposed to rule the world by now. "Social networking" sites are fashion, all of them eventually get dumped when the new fad hits. If they were sustainable, Google would have done one 10 years ago.
 
"Goldman, knowing the deal had the potential to draw regulatory attention, briefed the Securities and Exchange Commission before making the offer to wealthy individuals, according to people with knowledge of the conversation who were not authorized to speak publicly on the matter."
 
Quote from Madison:

If they were sustainable, Google would have done one 10 years ago.
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So now we have a new golden I mean google standard: If google haven't thought of it, then it must be not viable or profitable....
 
Goldman Sachs May Sell, Hedge Facebook Stake Without Warning to Investors
Goldman Sachs Group Inc. clients considering whether to buy shares in closely held Facebook Inc. should take heed: Wall Street’s most profitable securities firm could unload its own holdings without letting them know.

..Rules for Clients

To get a stake in Facebook, Goldman Sachs clients are required to make a minimum investment of $2 million by Jan. 7 in what’s described as limited partnerships based in the Cayman Islands and Delaware. Goldman Sachs is charging 0.5 percent of any capital committed to the partnership as an “expense reserve” as well as a 4 percent placement fee and 5 percent of any gains, according to the document.
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Oh ya, Goldman may take position against you, the client, without warning.

http://www.bloomberg.com/news/2011-...ell-hedge-facebook-stake-without-warning.html
 
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