Goldman to stop taking Facebook orders

Goldman-SachsOver-attacked with a lot of demand, Goldman Sachs Group Inc. has been contemplating about stopping to take orders for the shares of Facebook Inc. from today itself, and has apparently said to few prospective investors to expect only a little percentage of the shares they had asked for, as revealed by some people familiar with the matter.

The interest, coming down to a total of some billion dollars in an equity provision in most likelihood to value not over $1.5 billion, has an indication of investor fascination with the social networking company, Facebook, despite a lack of available knowledge regarding its operations and financial situation.

Goldman has provided few potential investors with little more than a snapshot of Facebook's online popularity, advertisements and other standard measurements, without any disclosure of the Palo Alto, Calif., company's performance.

A few further details regarding Facebook's performance came out late on Wednesday as a part of an offering document. People, who knew the document well, have said that Facebook had a total income of $200 million in 2009 on revenue of $777 million.

According to analysts, the company's revenue for 2010 might have been as much as $2 billion.