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Facebook Valued At $52 Billion Following Kleiner Perkins Investment

Facebook Kleiner Investment

First Posted: 02/14/11 06:05 PM ET Updated: 05/25/11 07:30 PM ET

The Wall Street Journal:

VentureWire reports today that Kleiner is taking a small stake in Facebook by buying as much as $38 million of stock from other shareholders at a valuation of $52 billion - a bit higher than the $50 billion price tag that Goldman Sachs and DST Global set when they recently invested $1.5 billion.

Read the whole story: The Wall Street Journal

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Filed by Catharine Smith  |