Facebook's Investors Poised For Record Jackpot , page 1

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Topic started on 27-1-2012 @ 01:14 PM by Corruption Exposed

Facebook's Investors Poised For Record Jackpot

online.wsj.com

Facebook Inc. is set to unleash massive paydays in the venture-capital industry—including a potential record-breaking $9 billion jackpot for one venture firm.

Facebook is expected to file to go public soon, raising as much as $10 billion at a valuation of $75 billion to $100 billion in what would be one of the biggest-ever U.S. public debuts, people familiar with the matter have said.

At those values, the venture-capital firms that funded the social network in its early days in 2005 and 2006 are poised to see their investments of around $12 million each in Facebook balloon into multi-b

(visit the link for the full news article)

reply posted on 27-1-2012 @ 01:14 PM by Corruption Exposed

FaceBook is about to increase the wealth of some already wealthy people:

Chief among the beneficiaries would be Palo Alto, Calif., venture-capital firm Accel Partners, which invested $12.7 million in Facebook in 2005 when the company was priced around $100 million. While Accel has since sold a small percentage of its Facebook shares, it could still reap around a 1,000 times return, with its stake potentially worth as high as $9 billion (taking into account dilution and other factors), said people familiar with the matter.

Too bad they didn't let us in on the action until now.

I wonder if they're aware of some upcoming financial turmoil that is about to make their investments completely worthless. I would dump my shares too if I already multiplied my investment by 1,000 times. I doubt I could afford any of their shares anyways.

online.wsj.com
(visit the link for the full news article)

reply posted on 27-1-2012 @ 01:32 PM by real_one

They had this planned since 2004...

I must give them credit, absolutely brilliant.

reply posted on 27-1-2012 @ 01:38 PM by Tifozi

In a world torn apart by debt, economic crisis and social injustice, I always wonder, when I see this amount of money being "handled", as to why nobody in those investments has the heart to share some of their profits with the people who carry them to success.

How we allow a world where such a misdistribution of wealth occurs, is beyond comprehension.

But, that's just my conscience trying to take over. Reason and the fact that I'm aware these sorts of people are detached from social reality, makes me not even consider such a wonderful possibility.

reply posted on 27-1-2012 @ 01:38 PM by Tifozi

double post

edit on 27/1/12 by Tifozi because: (no reason given)

reply posted on 27-1-2012 @ 01:44 PM by Corruption Exposed

reply to post by Tifozi

My jaw dropped when I first read this story, even though I wasn't that surprised. Us little people are expected to follow the law and are responsible for the consequences of our actions meanwhile these corporate thugs manipulate the markets for their own personal gain. I can almost guarantee that if this were to be properly investigated they would uncover insider trading.

reply posted on 27-1-2012 @ 02:22 PM by rebellender

Originally posted by Corruption Exposed
reply to post by Tifozi

My jaw dropped when I first read this story, even though I wasn't that surprised. Us little people are expected to follow the law and are responsible for the consequences of our actions meanwhile these corporate thugs manipulate the markets for their own personal gain. I can almost guarantee that if this were to be properly investigated they would uncover insider trading.

Are there really that many people trying to be King of the "Mafia Wars" by buying credits to extend their game?
I mean really, where is all that cash money coming from?