Search

Facebook Stock Maneuver Feeds IPO Rumors

0 views

Consider yourself forewarned: the official line is that "Facebook has no plans to go public at this time."  Just the same, a financial maneuver the company's performing has raised a few eyebrows since it seems to point towards that possibility.


Mark ZuckerbergThis sort of exercise helps ensure that existing stockholders retain control of a company regardless of what happens on an open market.  In Facebook's case, Mark Zuckerberg, who owns many, many shares, would benefit most.  (Important note: It's not necessarily an "evil" move, though, as Google did the same sort of thing for the sake of Sergey Brin, Larry Page, and Eric Schmidt.)

So what we have here is one more piece of evidence (remember the
(Private) Facebook Shares Up 42% In Four Months

> Facebook Most Widely Used Network Among Businesses

Suggest a Correction

Found an error or have a suggestion? Let us know and we'll review it.

Share this article

Comments (0)

Please sign in to leave a comment.

No comments yet. Be the first to comment!