GSV Reportedly Buys $6.6 Million Of Facebook Stock
Word has it that GSV Capital Corp. has purchased 225,000 shares of Facebook for $6.6 million.
Word has it that GSV Capital Corp. has purchased 225,000 shares of Facebook for $6.6 million.
Assuming such a deal actually occurred and that that Facebook still has 2.5 billion outstanding shares, the transaction implies a value of over $73.3 billion for Facebook.
We’ve seen varying figures in media reports on this deal, although it appears that both Reuters and The Wall Street Journal have been rounding off the numbers.
What these others do concur on: GSV has scored a discount on the purchase, since the last known auction of Facebook shares resulted in a value of $87.5
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