3 ms·
Facebook has skirted this for a year now. They sold a bloc of shares to, IIRC, Goldman Sachs who runs it like a private equity fund, selling shares of the fund
by encoderer 15y ago
Facebook has skirted this for a year now. They sold a bloc of shares to, IIRC, Goldman Sachs who runs it like a private equity fund, selling shares of the fund to as many of its rich clients as possible.
In other words, they NAT'ed the shares.
- tim_h 15y agoWhat does it mean that they "NAT'ed the shares"?
- veyron 15y agolike the networking NAT (network address translation). To facebook, goldman sachs is a single investor. However, many individual investors are part of that GS banner. In much the same way, with a NAT, there may be many computers within an internal network (but to the outside world there is a single external IP address)