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Sunday, May 20, 2012

FaceBook Selling Shares

Facebook Inc. sold 180 million of its shares in its initial public stock offering. Another 241.2 million came from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg. Even after the IPO, Zuckerberg remains Facebook's single largest shareholder, with 503.6 million shares. And he will control the company with 56 percent of its voting stock. The IPO sold at $38 per share, generating $6.8 billion for Facebook and $9.2 billion, collectively, for existing stockholders. Here's a look at early Facebook Inc. investors who sold stock in the IPO, how much money they gained and how many shares they still own. Most of the social network's early funders never publicly disclosed how much they invested in the company. — Mark Zuckerberg Number of shares sold: 30.2 million Value: $1.15 billion Number of shares still owned: 503.6 million — James Breyer and Accel Partners, where he's a partner Year invested in Facebook: 2005 Number of shares sold: 49 million Value: $1.86 billion Number of shares still owned: 152.3 million — Peter Thiel, managing partner at The Founders Fund and PayPal co-founder Year invested in Facebook: 2004 Amount invested: $500,000 Number of shares sold: 16.8 million Value: $640 million Number of shares still owned: 27.9 million — DST Global Ltd. and affiliates, a London-based investment firm focused on Internet companies, founded by Russian investor Yuri Milner Year invested in Facebook: 2009 and late 2010 Number of shares sold: 45.7 million Value: $1.74 billion Number of shares still owned: 85.6 million — Goldman Sachs and affiliates, investment bank and one of the IPO's underwriters Year invested in Facebook: 2011 Number of shares sold: 28.7 million Value: $1.09 billion Number of shares still owned: 37.3 million — Elevation Partners, private equity firm focused on media and technology and affiliates Year invested in Facebook: Undisclosed Number of shares sold: 4.6 million Value: $176 million Number of shares still owned: 35.5 million — Greylock Partners, Silicon Valley venture capital firm and affiliates Year invested in Facebook: 2006 Number of shares sold: 7.6 million Value: $289 million Number of shares still owned: 29 million — Mail.ru Group Ltd., Russian Internet company Year invested in Facebook: 2009 Number of shares sold: 19.6 million Value: $745 million Number of shares still owned: 36.8 million — Mark Pincus, Zynga Inc. CEO Year invested in Facebook: 2004 Number of shares sold: 1 million Value: $38 million Number of shares still owned: 4.3 million — Meritech Capital Partners, venture capital firm focused on late-stage investments Year invested in Facebook: 2006 Number of shares sold: 7 million Value: $266 million Number of shares still owned: 33.4 million — Microsoft Corp. Year invested in Facebook: 2007 Amount invested: $240 million Number of shares sold: 6.6 million Value: $249 million Number of shares still owned: 26.2 million — Reid Hoffman, co-founder of LinkedIn Corp. and affiliates Year invested in Facebook: 2004 Number of shares sold: 942,784 Value: $36 million Number of shares still owned: 3.8 million — Tiger Global Management, New York-based investment firm Year invested in Facebook: Undisclosed Number of shares sold: 23.4 million Value: $889 million Number of shares still owned: 30.4 million — Other, smaller stockholders are offering another 70,504 shares Value: $2.7 million Source: Facebook and Associated Press calculations

http://abcnews.go.com/Technology/wireStory/facebook-ipo-selling-stock-16380405

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