It was just a few weeks ago that Accel Partners sold off around half a billion dollars of Facebook shares at a company valuation of $35 billion. If you thought that was insane, and a lot of commenters did, then don't read the rest of this post. You'll only get more jealous. Around $40 million changed hands last week in a Facebook share auction held by SecondMarket. The end price per share was $20.76, and about 1.9 million shares were bought and sold. And based on there being around 2.5 billion shares outstanding after a 5-1 stock split earlier this year, that values Facebook at around $50 billion. As far as we know, this is an all time high. The email sent out to auction participants is below. A new auction is beginning shortly. We've reached out to SecondMarket for comment.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/9nhvxl2AzOY/
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