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A comment on Wizards of bullshit: How Forbes turned $6.5 million into $20 billion. Parent comment

Re:Wizards of bullshit: How Forbes turned $6.5 million into ... by meow on Wednesday June 29, 2011 @11:52AM (#2709922)
AFAIK, market capitalization has not much meaning for pre-ipo stock. Problem is that, IPO price isn't just the last price at which the stock was bought in secondary market. Also, there is no indication if what kind of stock was sold. If it is not common stock, then this definitely wont be indicative of the actual valuation.
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Re:Wizards of bullshit: How Forbes turned $6.5 million into ... by jamiequint on Wednesday June 29, 2011 @12:09PM (#2709995)
There is no way this sale, or any of the recent ones were not common stock.
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