If you thought Groupon's $950 million was big, hold on to your hats. Facebook has announced that it has raised $1.5 billion in funding at a $50 billion valuation, reports ReadWriteWeb. According to the release, the company has received $1 billion from Goldman Sachs Overseas Offering today, which, when combined with the previous $500 million, equals the $1.5 billion investment. Read on for details and a Facebook-led Q&A on the deal…

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About the Author:

Meris Stansbury

Meris Stansbury is the Editorial Director for both eSchool News and eCampus News, and was formerly the Managing Editor of eCampus News. Before working at eSchool Media, Meris worked as an assistant editor for The World and I, an online curriculum publication. She graduated from Kenyon College in 2006 with a BA in English, and enjoys spending way too much time either reading or cooking.