NYT''s Deal Book:
Facebook, the popular social networking site, has raised $500 million from Goldman Sachs and a Russian investor in a deal that values the company at $50 billion, according to people involved in the transaction.
The deal makes Facebook now worth more than companies like eBay, Yahoo and Time Warner.
Goldman Sachs has reached out to its wealthy private clients, offering them a chance to invest in Facebook, the hot social networking giant that is considering a possible public offering in 2012, according to people familiar with the matter.
No doubt Facebook is popular. But $50 billion? I hear those kind of numbers and I can't help but think of the Internet bubble of the 90s.
