CNBC wakes up to Facebook

January 3, 2011

Goldman puts in $450m and now the whole MSM wakes up and cheerleads. Why does GS putting late money still have any prestige value? Prob a good deal for GS in upside potential, prestige with high net worth clients, street prestige and IPO book runner / M&A.

Just seems that MSM is humorously late to this story.

Congrats to the FB team. They are building what will wind up being the biggest company in the world.

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