A Secondary Market For Private Company Stock - AVC

The news that some Facebook employees are selling their stock privately naturally focuses on the price/valuation (a deep discount to the $15bn that Microsoft paid). First of all, a deep discount ma...

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A Secondary Market For Private Company Stock - AVC

Source: AVC

The news that some Facebook employees are selling their stock privately naturally focuses on the price/valuation (a deep discount to the $15bn that Microsoft paid). First of all, a deep discount makes sense. Most privately held venture backed companies now regularly value their common stock for the purposes of issuing stock options at fair value. […]