Aug
08
2008

Facebook execs selling their shares

http://www.businessweek.com/magazine/content/08_33/b4096000952343.htm

Business Week article says Facebook execs are selling their shares.

2 interesting things
1.  There really isn’t supposed to be a market for this, and VC firms frown upon this.  Apparently FB is addressing this internally.
2.  The valuation is around $3.5 – $5 billion.  That’s way below the $15 billion valuation Microsoft paid.

Written by Larry in: entrepreneurship, software | Tags:

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