In a private sale, 150,000 shares of Facebook were sold for $44, reported today.
If you enjoy the content at iBankCoin, please follow us on TwitterRelated Articles
$MSFT Pink Slips 18k Jobs
July 17, 2014
$GS & $JPM Manage to Beat Net Profit Estimates
July 15, 2014
And d-o-o-o-o-w-n goes GSVC.
At $44 per share, they would have a gain of less than $5 million on their shares, or less than $1 per GSVC share.
Not a bad ROI, ignoring the possible illiquidity of the FB shares they hold, but not the pot of gold investors were looking for.