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Facebook Sets IPO Pricing Between $28 And $35 : The Two-Way : NPR

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Actually, lower.

That price range "would value the company at $77 billion to $96 billion," The Wall Street Journal reports.

Insiders will sell $5.5 billion of shares.

I was talking about this with a friend the other day. What's the threat of FB going public, lots of key scary-smart people becoming zillionaires, leaving to form their own well-funded startups with their secret FB knowledge and taking advantage of the paradigm shift threats we've been discussing here.


It has already started to happen: Ex-Facebookers are founders of Asana, Cloudera, Quora, Pinterest, and Path, for starters.

Sean Parker has put significant backing behind Spotify, Votizen, and NationBuilder, too.

[Read more.]

Yeah, we were specifically talking about Path. I haven't played with it much at all but the one liner: ex-FB people making a social networking platform built from the ground up for mobile?

Yeah, the idea of that would be keeping me up at night if I were Facebook.

I don't hear anyone saying the word 100B anymore.

What a difference a few months make.

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