Facebook valued to be $65 billion
CNBC reported that investment firm General Atlantic has put the valuation of social networking website Facebook at $65billion. This is 30% more than Facebook's valuation in January.
According to report, General Atlantic will purchase a 0.1% stake from a former Facebook employee. This deal has not yet been closed and requires Facebook approval first.
In January, Facebook revealed about $1.5 billion investment by Goldman Sachs and Digital Sky Technologies. Investors also included overseas investors conducted by Goldman Sachs. That time social networking site was valued to be $50billion.
This valuation is more than Facebook's valuation in July, 2010, when it was valued to be $24 in private trading market. With this investment, Facebook CEO, Mark Zuckerberg's stake in Facebook now worth $15 billion.
Zuckerberg has the highest stake in Facebook. Other major stake holders include Russian DST and Accel Partners. Both have a stake of 10% in Facebook , now valued to $6.5 billion. Facebook's early employees also have major stake. Co-founder Dustin Moskovitz and Eduardo Saverin have stake of 6% and 5% respectively. This amounts to $3.9 billion and $3.25 billion.
Sean Parker who invested early in Facebook now owns 4% worth $2.6 billion. Paypal founder Peter Thiel also has stake in Facebook with 3% worth $1.95 billion.