Voices

Restless Workers in Silicon Valley Seek Ways to Cash In Early

As Silicon Valley’s stock-driven wealth machine sputters in the recession, technology start-ups are exploring new ways for employees to tap their holdings.

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

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

Bailing on Big Tech Trade Shows

Mark Zuckerberg: Bad Santa

Facebook’s virtual gift market may turn out to be the best holiday shopping option for employees hoping to cash out some of their shares. On Thursday, the company postponed a program that would have allowed employees to sell up to 20 percent of their vested shares.

Mark Zuckerberg Has Sent You a Gift: A Small Fortune

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.