Facebook Given $52 Billion Valuation With Kleiner Perkins Funding

Kleiner Perkins Caufield & Byers has invested in Facebook at a $52 billion valuation. Kleiner bought $38 million worth of stock from shareholders at the $52 billion valuation. This is slightly higher than the $50 billion valuation that Goldman Sachs placed on the company. Kleiner Perkins made billions of dollars through early investments in Amazon.com, Google, and Netscape. Kleiner Perkins recently invested in Groupon, Twitter, and Zynga. [WSJ]

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