Quote:
Originally Posted by Dodododa
"Bono will be able to cash in his share once the privately-held site is floated on the stock exchange. "
What if Zuckerberg never floats it?
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I just finished reading The Facebook Effect (an authorized account of Facebook by a Fortune writer).
Zuck now has the valuation where he'd IPO. He also has the structure setup so that he can do it for the cash and not lose control due to the board seats he controls and the share structure. That has all been in the works so that he could eventually do it. He has always been more concerned about control than cash.