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> The pre-IPO bids for Facebook at SecondMarket were substantially higher than the original IPO (first-day trading price), less than a week before private tradi
by CompDecision 11y ago
> The pre-IPO bids for Facebook at SecondMarket were substantially higher than the original IPO (first-day trading price), less than a week before private trading was halted.
How much higher?
- hdmoore 11y agoRoughly 10%, but I forget the exact numbers. It took over a year before those private buyers could sell above cost.