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FarCenter

(19,429 posts)
7. Facebook IPO: Who Is Selling Stock?
Mon May 21, 2012, 10:41 AM
May 2012
http://abcnews.go.com/Technology/wireStory/facebook-ipo-selling-stock-16380405

e.g.

— Goldman Sachs and affiliates, investment bank and one of the IPO's underwriters

Year invested in Facebook: 2011

Number of shares sold: 28.7 million

Value: $1.09 billion

Number of shares still owned: 37.3 million



Goldman is probably in the black on its investment and anything they get for the other 37.3 million shares will be all profit.

Same for the othe big private equity investors.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Predictable as all hell. JHB May 2012 #1
more for the real investers the users, I owe a May 2012 #2
Experience some schadenfreude here. closeupready May 2012 #3
*snicker* Kali May 2012 #4
lol, watch google climb I owe a May 2012 #5
Nasdaq says *they* screwed it up Voice for Peace May 2012 #6
Facebook IPO: Who Is Selling Stock? FarCenter May 2012 #7
hype is for suckers Baclava May 2012 #8
And now the site is down... nt Comrade_McKenzie May 2012 #9
What site? Facebook? muriel_volestrangler May 2012 #10
Latest Discussions»General Discussion»Facebook Shares Fall Belo...»Reply #7