Facebook Rakes in Another $200M, Now Worth $10 Billion

Facebook is like that pimple right smack in the middle of your nose. It just keeps on getting bigger.

The company has just secured another $200 million in capital, thanks to a new investment from Digital Sky Technologies that now values the company at $10 billion.

That estimation is significantly higher than several recent reports that put the value of Facebook down around $3 billion. The company had been valued at as much as $15 billion when Microsoft invested $240 million in it back in 2007.

As a result, many Facebook employees are cashing in on their stock shares according to a statement from the company.

“DST has indicated that it is planning to offer to purchase at least $100 million of Facebook common stock from existing common stockholders that would facilitate liquidity for current and former employees’ vested shares in the company.”

CEO Mark Zuckerberg had this to say:

“We’ve worked hard to bring more than 200 million people – 70 percent outside of the U.S. – onto Facebook to share with friends, family and co-workers. A number of firms approached us, but DST stood out because of the global perspective they bring.”

Recent figures seem to indicate show that Facebook has increased its user base by over 300 percent in Europe within the last 12 months. It is now the number 1 or 2 social network everywhere except for Germany (#4), Russia (#7) and Portugal (#3).