Daring Fireball Linked List: Goldman Invests in Facebook at $50 Billion Valuation

http://daringfireball.net/linked/2011/01/03/facebook-goldman

The New York Times:


> In a rare move, Goldman is planning to create a “special purpose vehicle”
> to allow its high-net-worth clients to invest in Facebook, these people
> said. While the S.E.C. requires companies with more than 499 investors to
> disclose their financial results to the public, Goldman’s proposed special
> purpose vehicle may be able get around such a rule because it would be
> managed by Goldman and considered just one investor, even though it could
> conceivably be pooling investments from thousands of clients.


> It is unclear whether the S.E.C. will look favorably upon the arrangement.


Unclear, eh?

-- 
dadl-ot mailing list
http://mail.thehood.us/mailman/listinfo/dadl-ot_thehood.us
http://news.gmane.org/gmane.music.dadl.ot