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FB closes $200mm investment

Posted by Dan on May 26, 2009 08:35 and tagged

In what is great news for our industry, Facebook announced today a $200mm+ investment from Russian firm DST. This values the preferred shares at $10bn and offers FB a significant cash buffer going forward. Check out the Techcrunch story for more details.

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Twitter

July 15. 13:07
Facebook passes 250mm users http://bit.ly/CBQEx

July 2. 10:24
"If Facebook were a country, it would now have the 4th largest population in the world." http://bit.ly/SY6FB

June 15. 09:09
New blog post: highlights from the social media news from the past seven days: http://bit.ly/ek9FH

June 15. 06:55
Interesting piece on how Facebook planned for high traffic in the username rush: http://bit.ly/jju5E

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FB closes $200mm investment

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FB closes $200mm investment

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