Facebook raises $1.5 billion

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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