Facebook has raised USD 500 million from Goldman Sachs and Russian investor Digital Sky Technologies in a deal that values the company at USD 50 billion, people involved in the transaction told the New York Times. Under the terms of the deal, Goldman has invested USD 450 million, and Digital Sky Technologies, which has already sunk about half a billion dollars into Facebook, invested USD 50 million. Goldman has the right to sell part of its stake, up to USD 75 million, to the Russian firm, according to the paper's sources. As part of the deal, Goldman is expected to raise as much as USD 1.5 billion from investors for Facebook at the USD 50 billion valuation. Goldman is planning to create a "special purpose vehicle" to allow its high-net worth clients to invest in Facebook.
