Thing 5b continued

http://www.marketwatch.com/story/facebook-takes-200-mln-from-russian-internet-firm?siteid=rss&rss=1

Facebook raises $200 million from Russian Internet firm
Social-networking giant says deal implies $10 billion valuation; no board seat

Things like this, even in hard economies show where the people with money, invest. Clearly this Russian firm knows that the future of these types of social networking sites is only going to go up. When someone does not have to pay to socialize with anyone, anywhere, there is going to be a market for this. This was their third purchase of a social networking site.

The reason for a delay in the second part of the post was I want to really see what was out there and then decide what to post about.