Facebook May Let Employees Sell $1 Billion In Shares
Facebook is reportedly considering whether to accept up to $1 billion from institutional investors seeking to purchase shares from employees of the social network, which would value the company at $60 billion.
Facebook is reportedly considering whether to accept up to $1 billion from institutional investors seeking to purchase shares from employees of the social network.
The possible tender offer would value the social network at $60 billion, according to All Things Digital, which cited unnamed sources close to the situation.
If you’re confused about the valuation of the company, or at least feel a little dizzy from apparent turbulence in the value, join the club. Recent transactions on private marketplaces have put the value of Facebook at $70
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in