Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Facebook Stock Selling Below $15 Billion Valuation

My colleague, Spence Ante, has a story about the hubbub over Facebook allowing employees to sell stock (first reported by Venture Beat.) According to Spencer’s reporting, a number of blocks of former and current employees have put up their shares for sale in recent months.

The prices for Facebook shares in these transactions are far below the $15 billion level. Laurence Albukerk, the founder and managing director of EB Exchange Funds, says two current directors and one former executive recently contacted him about selling some of their stock for a $5 billion valuation. He also says two investment firms have bought large chunks of Facebook stock at a valuation of about $3.75 billion. Hans Swildens, founder of a San Francisco firm called Industry Ventures that buys stock in private companies, says his firm has been talking with a growing number of Facebook employees. “There’s a lot of interest among people to sell shares,” says Swildens.

Facebook meantime announced this week that it’s stepping in and helping people sell shares, make some money, and quiet the internal rumbling at the company.

blog comments powered by Disqus