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HynesSights Blog

How much is Facebook worth on the market?

Monday, July 13, 2009

Evidently the market values Facebook at about six and a half billion dollars. The Russian investment firm Digital Sky Technologies, the one that infused the social network with $200 million some months ago, is now looking to buy common stock held by employees and outside investors. Each share is priced at $14.77 in the deal. With this buy-up, Digital Sky Technologies will own about 3.5% of the company.

http://bits.blogs.nytimes.com/2009/07/13/facebook-employees-and-investors-can-finally-unload-stock/

Posted by Ethan Kendrick on July 13, 2009 at 02:24 PM

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