TAKEPLACE: KPCB FACEBOOKS TO THE TUNE OF $38 MILLION

Monday, February 14, 2011

KPCB FACEBOOKS TO THE TUNE OF $38 MILLION

Legendary venture capital firm Kleiner Perkins Caufield & Byers sat out most of the recent social networking craze, but it’s been catching up quickly over the past year. And the latest addition is Facebook, the social networking crown jewel.

Kleiner is buying as much as $38 million in Facebook stock from other shareholders (which usually means employees and early investors) at a $52 billion valuation, according to a report in the Wall Street Journal’s Venture Capital Dispatch. That’s slightly higher than the company’s $50 billion valuation when it raised $1.5 billion from Goldman Sachs, DST, and Goldman clients in January. VENTUREBEAT

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TakePlace was made with you in mind It's about ideas and innovation, creative perspectives, and solutions. We're advocates for change, because change needs friends. We explore complex systems, adaptive agents, modeling, simulation, artificial life, and complex (information, biological, and social) networks. We especially focus on the Web as a complex information network in which we leave abundant traces of our social and semantic activities: what we do, what we are interested in, whom we talk to, what knowledge we acquire and contribute. Our research spans from modeling the dynamic processes that occur on the Web (how information networks grow and evolve, how individual and collective traffic patterns emerge, how attention bursts are generated and shaped by social and search tools) to designing tools that mine the Web to build better search, navigation, management, and recommendation tools (where ‘better’ means more intelligent, autonomous, robust, personalized, contextual, scalable, adaptive, and so on).