Facebook News
Jan 17th, 2008 by gibsondirect
I pulled this off the Direct Marketing Association’s newsletter. Facebook continues to be hot news. Note the estimated value in the last line. Wow! I bet you didn’t realize it is that popular!
“FACEBOOK GETS BIG INVESTMENT. The Samwer brothers of Europe have agreed to invest in social-networking site Facebook Inc., according to a spokesman for the brothers. The size of the investment is roughly$10 million to $15 million, said a person familiar with the matter. The personal investment by brothers Alexander, Oliver and Marc Samwer— the founders of Alando.de, an online auction site that was sold to eBay Inc. — follows a $240 million Facebook investment by Microsoft Corp. and a $60 million investment by Li Ka-shing, chairman of the Hong Kong conglomerate Hutchison Whampoa Ltd. The investments value Palo Alto, Calif.-based Facebook at $15 billion.”
