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440°

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
MasterGuru4868d ago

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

TheDigitalNinja4868d ago

There is talk of an IPO in 2012.

MasterGuru4868d ago

On-Topic

Serious? That's a risky investment.

Off-Topic

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

70°

Messenger will return the Facebook mobile app thanks to Meta

Messenger will return the Facebook mobile app thanks to Meta.

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cruzingspeed.com
60°

How to change your birthday on Facebook

Now you can get happy birthday messages on your actual birthday instead of some random day.

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knowtechie.com
757d ago
70°

Facebook says to follow its livestream rules or be banned, this is your only warning

Facebook has to implement new rules for Facebook Live because people are literally the worst. Now, if you break the rules you'll receive a ban.

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knowtechie.com