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Posts tagged with Liquidity

There's nothing wrong with liquidity

Are Facebook employees who took advantage of the ability to cash out some of their stock holdings as part of a tender offer from investor Digital Sky Technologies "mercenaries"?

Controversial BusinessWeek tech reporter Sarah Lacy thinks they are. The reason: they're giving up too soon. Lacy believes the $100m tender offer, which is giving some employees the ability to sell up to 25% of their Facebook stock at a $6.5bn valuation, will prove to be a steal for Digital Sky Technologies.