Facebook is the little company that could -- that could raise $300 million in a little over a month. The company reportedly secured a $60 million investment from Li Ka-Shing, a 78 year-old billionaire, who may or may not be the man behind this Facebook profile. The news comes a month after Microsoft plunked down $240 million for a stake in the company.
Ka-Shing's investment was made under a separate entity, according to AllThingsD's Kara Swisher, and he also reserves the right to invest another $60 million in the company.
Given the size of these investments, you gotta wonder what Facebook is doing with all that cash?
Photo: Flickr/Noii
