3 posts and columns on preferred stock

Da! Facebook Takes $200 Million From Russian Investors at $10 Billion Valuation

in Media on May 26, 2009 at 9:17 am PT

Facebook is indeed taking money from Russian investors Digital Sky Technologies. As previously reported, the social network is selling $200 million of preferred stock at a $10 billion valuation; DST will also buy up to $100 million of common stock at a lower valuation later this year.
niko3

Will Facebook Say “Da” to Russian Investors?

in Media on May 22, 2009 at 5:46 pm PT

Here’s the newest twist in the Facebook valuation/funding saga: Russian investors have reportedly offered to sink up to $350 million in Mark Zuckerberg’s social network–at two different valuations. The Wall Street Journal says investment group Digital Sky Technologies has offered to spend $200 million on a chunk of the company’s preferred stock at a $10 billion valuation, and is also offering to buy up to $150 million worth of the company’s common stock at a $6.5 billion valuation.
russia-with-love

Mark Zuckerberg Has Sent You a Gift: A Small Fortune

in News on August 4, 2008 at 2:37 pm PT

So much for “growth over profits,” or should I say “growth over as-of-yet-unrevealed meaningful profits”? Word on the street has it that Facebook is considering a program that would allow employees to sell up to 20 percent of their vested shares.