A Russian Internet investment firm has invested $200 million in Facebook, giving the social networking company a cash buffer during the recession and pegging its value at $10 billion. Facebook did not need to raise additional funds, but welcomed Digital Sky's investment as a "cash buffer" that will help it grow comfortably, Zuckerberg said.
this article kinda bothered me because, did Russia really have to invest 200 million in Facebook? i guess for them its beneficial but that money can go to a lot better things. i do not agree with this article, although this article was presented fairly. i would use this source again.
Subscribe to:
Post Comments (Atom)
Raven, I agree the Russians investing in Facebook is kind of creepy. Why do you think it's beneficial for them? What "better things" can the money go for? Who is "Zuckerberg"? Was there anything in the article after the paragraph you lifted? A bit superficial.
ReplyDeleteGrade: 6/10