DISQUS

VentureBeat: Facebook to let employees sell some stock options — at internal $4 billion valuation

  • Jeffrey · 1 year ago
    ...and five hundred Palo Alto real estate agents breathe a sigh of relief.
  • digidave · 1 year ago
    Bubble.
  • scottshapiro · 1 year ago
    but who's buying these shares?
  • bobqu · 1 year ago
    I am active in the secondary market and I have heard of one sale of facebook and it was at a 1bbl vaule. Where do you people get your info. Forget options there is enough private stock already on the market and there have not been a lot of buyers. The reason there are not a lot of buyers is the same reason they haven't gone public lots of users no profits.
  • Eric Eldon · 1 year ago
    Bob, I can't reveal more about where I get my information but if you'd like to tell me more about where you're getting your information, you can reach me at: eric at venturebeat dot com

    Nothing I've heard backs up your statements, but feel free to prove me wrong.
  • facebook vet · 1 year ago
    As a facebook vet who sold some shares, I can tell you that the main driver for sales is the massive AMT bills early employees are seeing. The increase in strike price has made it very hard for employees to purchase their grants. Also, I highly doubt you will find many ex-facebook or current facebook employees that are selling their entire grants. Most folks I know want to cover the tax bill, and maybe get a little extra. Of the people I have been in contact with, no one has sold more than 10% - 20% of their grant. Finally, the secondary market for shares varies, 4 billion is about average, though I have heard of higher.
  • Svetlana Gladkova · 1 year ago
    Very interesting insight. Would you mind providing some estimate at about what "a little extra" could be after covering the tax bill for an average FB employee?
  • Jason · 1 year ago
    So help me understand what a potential purchaser gets to see to make judgement on their stock purchase from employees i.e. do they get to see full financials or do you have to make decisions based off of heresay?
  • scottshapiro · 1 year ago
    Great question, and how will investor relations work going forward?

    Sounds like this cap table is going to get quite messy.
  • Dustin · 1 year ago
    What financial firm is handling the exercise of options? Merill Lynch? Fidelity? Smith Barney? Prudential?
  • Napoleon.Complex · 1 year ago
    Is there a way to short the shares?
  • Randall Stephens, Founder · 1 year ago
    Design a better moustrap. I did.
    - I am following this model closely as my first employee, our lead developer was hired as his former employer laid off his department and quit the software business.

    Our site will give away 90% of what google and others sell at auction.

    The veil drops in about 3 weeks, and we are more than free, green, and socially responsivble. We won't data-mine your search history either.
  • edhardy622 · 2 months ago
    UGGs became ubiquitous among Southern California surfers and Southern California downhill skiers, and from there, Uggs, which name comes from the Australian
    http://www.uggboots365.co.uk
  • tiffany jewelry · 13 hours ago
    I really appreciate your help, it is very useful for me,you will get good grades!
    You will be successful.
    links of london links of london

    links london links london

    links of london jewellery links of london jewellery

    links of london sale links of london sale

    links london sale links london sale