
Goldman's 2011 Facebook Valuation: $50 Billion Then, $1.5 Trillion Now
In January 2011, Goldman Sachs organized a $1.5B private round in Facebook at a $50B valuation. The SEC pulled the U.S. portion. Sixteen months later Facebook IPO'd at $104B. Meta is now over $1.5T. The case study in late-private-stage valuation, the SEC structural questions it exposed, and Goldman's reputation arc through the period.









