Bloomberg Television's Betty Liu looks at the past, present and future of social-networking company Facebook Inc., and its founder Mark Zuckerberg.
Facebook received a $500 million investment from Goldman Sachs Group Inc. and Russia’s Digital Sky Technologies that values the company at $50 billion, according to three people familiar with the matter. Liu talks with Paul Kedrosky, a senior fellow at the Ewing Marion Kauffman Foundation and a Bloomberg contributing editor; Gene Munster, an analyst at Piper Jaffray in Minneapolis; William Cohan, author of "House of Cards" and a Bloomberg contributing editor; and Scott Galloway, founder of Firebrand Partners and a professor at New York University. Bloomberg's Cory Johnson and Emily Chang also speak. (Source: Bloomberg)
00:00 Introduction: How is $50 billion possible? 03:58 Kedrosky, Munster: Facebook's value, growth 07:59 Kedrosky, Munster: Is Zuckerberg a genius? 09:47 Cohan, Kedrosky: Goldman's investment, SEC 14:10 Cohan: "Huge branding event for Facebook" 15:50 Closer look at Zuckerberg, Facebook's history 43:58 Kedrosky, Galloway: Facebook's business model
Running time 48:07