I just read about the Russian Investment firm Digital Sky Technologies who are wanting to buy $100 million of common stock from employees.
I guess a spending spree or two may occur.
The $14.77 a share that they are offering would value the company at $6.5 billion and would give Digital Sky Technologies a 3.5 stake in FaceBook certainly not a take over, but a nice reward for employees hard work. Though I understand no Executives are allowed to cash theirs.
While individuals must make their own decisions about participating in this program, I’m pleased that the price D.S.T. is offering is much greater than the price originally considered last fall,” said Mark Zuckerberg, Facebook’s chief executive, in a statement. “This is recognition of Facebook’s growth and progress towards making the world more open and connected