Sell Your Facebook Stock For $14.77 A Share

• Facebook investors and employees (not executives however), are finally getting a chance to sell some of their stock. Digital Sky Technologies, the Russian investment firm that in May invested $200 million in Facebook, has made an offer to purchase up to $100 million of Facebook common stock from existing stock and option holders. This would be about $14.77 a share, valuing Facebook at about $6.5 billion; less than the $10 billion valuation of its previous investment (althogh for preferred shares).

“While individuals must make their own decisions about participating in this program, I’m pleased that the price D.S.T. is offering is much greater than the price originally considered last fall,” said Mark Zuckerberg, Facebook’s chief executive, in a statement. “This is recognition of Facebook’s growth and progress towards making the world more open and connected.”

• Employees and outside investors are relieved to liquidate some of their holdings.  Facebook previously tried a stock buyback program, but it failed several times due to a lack of agreement on an internal valuation. Zuckerberg said this current offering has no effect on the company’s timeline to go public

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