THE FUTURE
2008.08.11
Insiders at Facebook are selling stock in the social networking company, and the prices they're getting for their shares suggest the sky-high valuation backers once placed on the company may prove unrealistic.
Just a few months ago, Facebook was widely viewed as the next Google (GOOG) in Silicon Valley. Microsoft (MSFT)
bought a small equity stake last October that implied a valuation of
$15 billion for the whole company. Shareholders in the still-private
company appeared to be setting themselves up for a blockbuster initial
public offering.















