Goldman Values Facebook At $50 Billion (GS)

Facebook has raised $500 million from Goldman Sachs Group GS and a Russian investor, The New York Times reported on its Dealbook website, citing unnamed people involved in the transaction. The deal values the company at $50 billion, according to the report. Under the deal GS has invested $450 million and Russian investment frim Digital Sky Technologies, which already sunk about half a billion dollars into Facebook. Representatives of Facebook, Goldman, and Digital Sky declined to comment, the report said.