- Share this article on Facebook
- Share this article on Twitter
- Share this article on Email
- Show additional share options
- Share this article on Print
- Share this article on Comment
- Share this article on Whatsapp
- Share this article on Linkedin
- Share this article on Reddit
- Share this article on Pinit
- Share this article on Tumblr
?Ahead of the social network giant’s IPO, which is expected by mid-year, an auction of shares held by a fund ?went for 42 apiece, Bloomberg said, citing data from SharesPost, a private-stock marketplace.??
Last week, SharesPost handled an auction of 150,000 shares of Facebook’s Class B common stock for $44 each, giving the social network an implied value of $102.6 billion. ??Observers said that one can’t directly deduct a public-market value for a company from private-market stock sales.??
Facebook, led by CEO Mark Zuckerberg, filed for an IPO on Feb. 1. It is expected to value the firm at$75 billion-$100 billion.??Facebook’s private-market value rose about 73 percent last year to $71.2 billion, according to a report by research firm Nyppex.? ?
A spokesman for Facebook declined to comment, Bloomberg said.
Sign up for THR news straight to your inbox every day