Facebook is Worth 500.000 Million Dollars

After Goldman Sachs invested 450 million dollars in the most popular social network of the world and Digital Sky Technologies pitched in another 50 million more, Facebook is now valued in 500.000 million dollars.

These investments give Zuckerberg’s company enough power to compete with Internet giants, such as Google.

Facebook will be able to develop new products and even buy companies without being in the stock market.

Source: EFE