Facebook IPO: A look at who's selling shares in the social network

Tuesday, May 15, 2012 10:30 am | The Associated Press

Facebook is selling 180 million of its shares in its initial public offering. 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. And he will control the company through 57 per cent of its voting stock.

At a value of $38 per share, the high end of Facebook's expected range, Facebook would generate $6.8 billion on its shares. Existing stockholders would collectively make $6 billion.

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.

Mark Zuckerberg

Number of shares being offered: 30.2 million

Value at $38 per share: $1.15 billion

James Breyer and Accel Partners, where he's a partner

Year invested in Facebook: 2005

Number of shares being offered: 38.2 million

Value at $38 per share: $1.45 billion

Peter Thiel, managing partner at The Founders Fund and PayPal co-founder

Year invested in Facebook: 2004

Number of shares being offered: 7.7 million

Value at $38 per share: $294 million

DST Global Ltd. and affiliates, a London-based, Russian-founded investment firm focused on Internet companies and founded by Yuri Milner

Year invested in Facebook: 2009 and late 2010

Number of shares being offered: 26.3 million

Value at $38 per share: $998 million

Goldman Sachs and affiliates, investment bank and one of the IPO's underwriters

Year invested in Facebook: 2011

Number of shares being offered: 13.2 million

Value at $38 per share: $501 million

Elevation Partners, private equity firm focused on media and technology and affiliates

Number of shares being offered: 4.6 million

Value at $38 per share: $176 million

Greylock Partners, Silicon Valley venture capital firm and affiliates

Year invested in Facebook: 2006

Number of shares being offered: 7 million

Value at $38 per share: $266 million

Mail.ru Group Ltd., Russian Internet company

Year invested in Facebook: 2009

Number of shares being offered: 11.3 million

Value at $38 per share: $428 million

Mark Pincus, Zynga Inc. CEO

Year invested in Facebook: 2004

Number of shares being offered: 1 million

Value at $38 per share: $38 million

Meritech Capital Partners, venture capital firm focused on late-stage investments

Number of shares being offered: 7 million

Value at $38 per share: $266 million

Microsoft Corp.

Year invested in Facebook: 2007

Number of shares being offered: 6.6 million

Value at $38 per share: $249 million

Reid Hoffman, co-founder of LinkedIn Corp. and affiliates

Year invested in Facebook: 2004

Number of shares being offered: 942,784

Value at $38 per share: $36 million

Tiger Global Management, New York-based investment firm

Number of shares being offered: 3.4 million

Value at $38 per share: $128 million

Other, smaller stockholders are offering another 70,504 shares.

Value at $38 per share: $2.7 million

Source: Facebook's regulatory filings and Associated Press calculations


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