Peter Kafka, Managing Editor, Silicon Alley Insider

For Sale: Facebook Shares, 67% Off

June 30, 2008 at 12:02 am PT

What is Facebook really worth? We know it’s not worth $15 billion–earlier this week a federal court, ruling on the ConnectU case, confirmed that the company has already placed a different value on its shares than the one it publicly announced as part of last fall’s Microsoft deal.

Now Mike Arrington reports that Bill Dagley, a California money manager, is repping a seller with a block of stock they’re willing to part with at a “value far less than $15 billion.” He then cites a source that says the valuation Dagley’s client is looking for is in the $3 billion to $4 billion range.

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Tagged with: Bill Dagley, ConnectU, Facebook, Microsoft, Mike Arrington, Peter Kafka, Silicon Alley Insider

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