Facebook Stock: From Trophy Property to Fixer-Upper

Photograph by Jewel Samad/AFP/Getty Images

The signs appeared next to a six-lot subdivision in Silicon Valley shortly before Facebook’s IPO on May 18. Beside a “Lots Available” sign on the property in the tony enclave of Los Altos Hills were two smaller A-frame signs brashly proclaiming, “FACEBOOK WELCOME. Will Consider Stock in Trade.”

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