Is A Facebook Co-Founder Selling 10 Million Shares?
Facebook has a policy of not commenting on matters of speculation; so let's talk hypothetically about whether a co-founder wants to sell up to ten million shares of the company's stock.
Rumor has it that one of Facebook’s co-founders wants to sell up to ten million shares of the company’s stock.
We crave substantiation of this rumor, and have asked Facebook for confirmation, knowing full well that the company has a policy of not commenting on matters of speculation. So let’s talk about this whole thing hypothetically, rather than presume it to be true.
Garrett Sloane of the New York Post cites a “source close to the situation” as saying “at least one dealmaker has been approached by reps of the co-founder to unload up to 10 million shares of common stock in Facebook.”
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