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Facebook Stock Sold At $56 Billion Valuation In "Significantly Oversubscribed" Auction

Pocket-Lint: Private shares market Sharespost just sold 165,000 Facebook shares for $25 each. That price implies a $56 billion valuation of Facebook.

In an email to members, Sharespost said that because the auction was "significantly oversubscribed," it will conduct more, soon.

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businessinsider.com
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MasterGuru2173d ago

That's a lot of money. Wish I could get a good chunk.

TheDigitalNinja2173d ago

There is talk of an IPO in 2012.

MasterGuru2173d ago

On-Topic

Serious? That's a risky investment.

Off-Topic

I swear I've seen your username on N4G before.