$60 mil more for Facebook

Nov 30th, 2007 | By Editor | Category: Buzz

While a lot of people were beginning to doubt Facebook’s ability to raise more money after getting a lofty $15 billion valuation following a $240 million investment from Microsoft last month, it seems the stakes are not too high for Hong Kong billionaire Li Ka-shing, who has made an investment of $60 million in the hot social networking company, according to sources with knowledge of the transaction. via BoomTown (WSJ).

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