4 ms·
The donation is in stock, not cash.
by quellhorst 16y ago
The donation is in stock, not cash.
- joezydeco 16y agoSo (just out of curiosity) how does the school actually use this stock to do anything? Do they sell it off to interested individuals? Does the SEC allow that? Can they use the stock as a collateral to a loan? What happens when they pull a $50 million loan to build schools and the stock is suddenly worth $25 million?
- joezydeco 16y agoI guess Forbes is asking the same question http://blogs.forbes.com/stevenbertoni/2010/09/23/how-will-newark-turn-zuckerbergs-100-million-worth-of-facebook-shares-into-cash http://blogs.forbes.com/stevenbertoni/2010/09/23/how-will-ne... Wait, didn't they start this whole valuation thing?