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I was wondering where Zuckerberg got $100 million in cash. Now I find out it's "$100 million" in facebook stock? Based on a valuation of... what exactly? And se
by hugh3 16y ago
I was wondering where Zuckerberg got $100 million in cash. Now I find out it's "$100 million" in facebook stock? Based on a valuation of... what exactly? And sellable to whom?
edit: I think I've answered my own question and it's based on a valuation of $23 billion.
Really? Who here would be willing to buy facebook at a valuation of $23 billion? Even if you think it could be worth that much, I see a lot more scenarios where it's worth less than scenarios where it's worth more.