Where's The Love for Facebook/Elevation Partners Deal?
In any other given week, the fact that Elevation Partners this week bought $120 million of shares in Facebook, essentially valuing the social networking company at $23 billion, would be topic No. 1 on the Twittersphere and here at peHUB. But Tesla drove forth its IPO, and Foursquare finally located that Series B funding it was looking for. Nevertheless, Reuters reporter Alexei Oreskovic covered the Facebook/Elevation deal earlier today, which you can read here. His story discusses the firm's previous investment in Facebook, which is also backed by Digital Sky Technologies, Microsoft and Accel Partners, among others. Also, Sarah Lacy wrote about
30 June 2010•2 mins read
