08.07.2011 - Will Facebook sell stock to China?
There’s little need for such concern. For one, even a billion dollar stake isn’t a very big stake in Facebook, these days. The company is expected to IPO at a $100 billion valuation. For another, China would be buying non-voting stock and would have no say in Facebok’s operations. And finally, it’s not like shareholders in Facebook have some special privilege that allows them to see what users are doing or saying. Importantly, sovereign wealth funds are pretty distinct from their governments..............................................Full Article: Source
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