New York Times DealBook's Andrew Ross Sorkin and Evelyn M. Rusli discuss Facebook's valuation after the social networking site raised $500 million from Goldman Sachs and DST Global, a Russian investor.
http://www.youtube.com/watch?v=_P3g5QDWszM
The related article is at:
http://dealbook.nytimes.com/2011/01/02/goldman-invests-in-facebook-at-50-billion-valuation/
Below, some background on Section 12(g) of the Securities Exchange Act of 1934, enacted by Congress in 1964, and its application (or non-application) in the current Facebook deal.
Video: Goldman-Facebook Deal Raises Debate on Investor Pool
http://bcove.me/2c4j7kl9
Related article at:
http://dealbook.nytimes.com/2011/01/05/the-500-investor-threshold-debated-for-its-47-year-history/
See also:
http://dealbook.nytimes.com/2011/01/03/russians-large-stake-in-facebook-grows-larger/
http://dealbook.nytimes.com/2011/01/03/why-facebook-is-such-an-important-friend-for-goldman-sachs/
http://search.sec.gov/secgov/index.jsp#queryResultsTop
http://dealbook.nytimes.com/
http://www.sec.gov/index.htm
While the Miami Herald and the South Florida Sun-Sentinel snooze, with their busy and unimaginative websites, the New York Times is making big investments in improving content for their readers in their business coverage and making their financial stories must-read -and watch!
Beet.TV: The New York Times is Capturing the "Character-Driven Drama" of Wall Street with Dealbook Videos
Article at: http://www.beet.tv/2011/01/the-new-york-times-is-capturing-the-character-driven-drama-of-wall-street-with-dealbook-videos-.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+BeetTV+%28Beet.TV%29
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