Re:Facebook shares hit again as valuation doubts rise
by stonemetal on Tuesday May 22, 2012 @02:54PM
(#4009286)
But they "only" sold 18 billion, that leaves insiders still holding 92 billion of FB. If this were really a bubble bursting wouldn't the rich insiders be holding a much smaller chunk of the fool's gold.
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Re:Facebook shares hit again as valuation doubts rise
by stonemetal on Friday May 25, 2012 @11:26AM
(#4023863)
Never mind I appear to be mistaken, the company only sold 18 billion dollars in stock, the insiders sold off 57%.
http://news.ycombinator.com/item?id=4023751