View Single Post
Old 12-07-2008, 04:36 AM  
EscortBiz
Fuck Checks, CASH only!
 
Join Date: May 2002
Location: New York City
Posts: 19,422
Why is facebook worth what its worth? because microsoft invested 240 million in exchange for 1.6% stake, the same reason pla is worth what its worth because someone purchased a share(s) at 1.75 so you times that the number of outstanding shares (its obvious you know this just trying to make a point).

So in other words if say the parent company who owns GFY spins it off and gets a person to buy 10% of it for 10million you got yourself a 100 million dollar company.

Thats facebooks problem right now, they cannot sell sahres based on the MS valuation thats why he asked his employees to hold off, because should they have sold some of their shares at a lower price it would of screwed up the entire companies valuation that MS gave them with their 240mil investment.

http://www.marketwatch.com/news/story/facebooks-employee-stock-sale-delay-creates-valuation/story.aspx?guid={C991C809-CE6C-4303-BD25-F566AC819E20}&dist=msr_2
EscortBiz is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote