Facebook Considering Unloading $1 Billion Worth Of Employee Stock At $60 Billion Valuation

Posted Feb 10, 2011

Facebook is currently considering whether to sell $1 billion worth of employee stock at a valuation of $60 billion to institutional investors. In Facebook’s last round of $500 million funding from Goldman Sachs and Digital Sky Technologies, the company was given a $50 billion valuation. The social networking company is speculatively going to go public in 2012. [AllThingsD]