While the Public Rushes to Buy Facebook, Goldman Unloads FB

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While the Public Rushes to Buy Facebook, Goldman Unloads FB

If you’ve always wished you could get fleeced by a Goldman banker, here’s your chance.  Buy some Facebook shares tomorrow – and take the other side of the trade from Golden Slacks! Shocking, I know – Goldman got a special deal on FB shares on the secondary market a year ago, when FB carried a […]

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Why Goldman Did Not Quite Value Facebook at $50 Billion – Not Even Close

The tech world has been up in arms about Facebook’s alleged $50 billion valuation from Goldman Sachs.  But after doing a bit more reading, it looks like that reported valuation is greatly exaggerated. In yesterday’s edition of Casey’s Daily Dispatch, Alex Daley brought a great sanity check to the $50 billion valuation.  With permission from […]

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