Kleiner Perkins buys small stake in Facebook at $52 Billion valuation

If you are big, then you should behave like one.

Kleiner Perkins Caufield & Byers, one of the premier venture Capitalist Firms, who was tired of playing the catch-up to restore its reputation as one of the premier Internet investors, has finally caught the fox that was eluding it till now.

According to WSJ, quoting VentureWire reports, Kleiner has finally succeeded in taking a small stake in Facebook by buying $38 million of stock from other shareholders at a valuation of $52 billion - a bit higher than the $50 billion price tag that Goldman Sachs and DST Global set when they recently invested $1.5 billion.

With this, Kleiner has joined Andreessen Horowitz as the only two known venture firms to collect the four most highly valued social Web companies: Facebook, Groupon, Twitter and Zynga.

Notably, Kliener, which made billions of dollars during the dot-com boom from early bets on Google, Amazon.com and Netscape, missed out on Facebook in 2005. The venture firm chose to stick with another social-networking site it invested into in 2003, the Friendster. --------

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