If Facebook is not public, what is it that investors are getting. The article says they get shares in Facebook, but I don't understand how that is established and how can they have value if they can't be traded. What is the legal standing of the shares? Is it some form of direct ownership?
http://tinyurl.com/2cb6enb http://dealbook.nytimes.com/2011/01/02/goldman-invests-in-facebook-at-50-bil lion-valuation/?nl=afternoonupdate <http://dealbook.nytimes.com/2011/01/02/goldman-invests-in-facebook-at-50-bi llion-valuation/?nl=afternoonupdate&emc=aua2> &emc=aua2
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