Goldman Sachs might have invested heavily in Facebook

Goldman Sachs might have invested heavily in Facebook

Industry sources report that Goldman Sachs has made an investment in Facebook which values the service at around USD 50 billion.

In total, Facebook has raised around USD 500 million through Goldman Sachs and Digital Sky Technologies based in Russia .

Experts believe that these fresh investments are likely to put more pressure on Facebook to launch an IPO which it has resisted till now.

Launching an IPO would enable Facebook employees to cash out on the stock they gained on joining the company.

This is something that has caused enough problems at Google with valuable human resource leaving the company for greener pastures.

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