NEW YORK (Reuters) - Facebook earned $355 million in net incomein the first nine months of 2010 on revenue of $1.2 billion,according to documents that Goldman Sachs is providing to clients.
Goldman began hand-delivering copies of the 101-page privateplacement memorandum for the Facebook offering to its wealthycustomers a little after lunchtime Thursday [Jan. 6] in New York,according to a person who received a copy.
The Goldman customer said he received a separate six-pagefinancial statement containing information on the social networkingfirm.
The document provides some of the most detailed financialinformation to come to light about Facebook, which Goldman recentlyvalued at $50 billion in a separate, $450 million funding.
The financial statements were not audited and offered littledetail about how Facebook generates it revenue, said the source, whodid not want to be identified because he had signed a non-disclosure agreement.
Goldman customers seeking to buy shares in the privately heldFacebook will invest money in a newly formed Delaware entity calledFBDC Investors LP, according to the source. Corporate records showthat FBDC Investors was incorporated in Delaware on Wednesday [Jan.5].
Goldman customers have until Friday [Jan. 7] to commit toinvesting in the new entity and until next Tuesday [Jan. 11] to wiremoney to the Wall Street firm.
Goldman, which is investing $450 million of its own capital inFacebook, is raising at least $1.5 billion from its wealthycustomers through the limited-time offering.
Investors are increasingly eager to buy shares of Facebook andother fast-growing Internet social networking companies on privateexchanges.
Byand; additional reporting by Alexei Oreskovic
Комментариев нет:
Отправить комментарий