Jacob Says Facebook's $50 Billion Valuation `Justified'

Jacob Says Facebook's $50 Billion Valuation `Justified'

Jan. 4 (Bloomberg) -- Ryan Jacob, chairman and fund manager at Jacob Asset Management, discusses Facebook Inc.'s estimated $50 billion valuation after Goldman Sachs Group Inc. and Digital Sky Technologies were said to have bought a $500 million stake in the social-media company. Jacob speaks from Manhattan Beach, California, with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
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