Is Facebook Worth $15 Billion? Not Anymore
Facebook used to have a valuation on $15 billion based on Microsoft’s investment in the company. According to Mike Arrington the new valuation is probably in the $3 – $4 billion range. According to Arrington and now Peter Kafka at Silicon Alley Insider has reported similar rumors.
One financial wealth manager is looking to unload some shares and apparently some Facebook employees are also looking to sell shares. From the sounds of it, some shareholders have enough shares that they’d be satisfied exiting now.
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