Goldman Sachs Tells Their Clients Facebook Has 600 Million Users

Posted Jan 5, 2011

Goldman Sachs Group, Inc. (NYSE:GS) has been telling their clients that Facebook now has over 600 million monthly active users. The reason why Goldman is discussing Facebook to their clients is because the company has invested $450 million in the social network earlier this month. The company is also setting up a special investments vehicle for their clients to invest in Facebook too. Back in July Facebook said that they have hit the 500 million member mark. [BusinessInsider]