Facebook IPO: Who is selling stock?Reported by SeattlePI.com on Monday, 14 May 2012 (on May 14, 2012)
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Facebook IPO: Who is selling stock?
Associated Press
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Updated 02:37 p.m., Monday, May 14, 2012
Another 157 million are coming from existing stockholders, including the company's earliest investors and CEO Mark Zuckerberg, who's selling some of his stock to cover tax obligations. Even after the IPO, Zuckerberg will remain Facebook's single largest shareholder. Here's a look at Facebook Inc.'s selling stockholders, and how much money their stock will be worth at the high end of the IPO's expected price range. — Peter Thiel, managing partner at The Founders Fund and PayPal co-founder — DST Global Ltd. and affiliates, a London-based, Russian-founded investment firm focused on Internet companies and founded by Yuri Milner — Goldman Sachs and affiliates, investment bank and one of the IPO's underwriters — Elevation Partners, private equity firm focused on media and technology and affiliates — Greylock Partners, Silicon Valley venture capital firm and affiliates — Meritech Capital Partners, venture capital firm focused on late-stage investments Facebook's regulatory filings and Associated Press calculations
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