Trading has now begun on Facebook after a bit of a hiccup with NASDAQ, and while the numbers are nowhere near the heady heights of $70-$100 that some people were murmuring earlier, the $42.05 opening figure is still 10 percent higher than the $38-per-share price set by Facebook yesterday.
At the time of this writing, it is trading a bit lower, at $40.32, which gives the company about a $111 billion valuation. In Facebook’s S-1, the company listed how many shares main players were set to sell at listing time. Based on the originally sale price of $38 and then Facebook’s current price at $40.32, here are how the values are coming out.
The first number is the value of the shares they sold, and the second is the value of their remaining stake in the company:
Zuckerberg and early shareholders like Peter Thiel and Accel Partners sold shares in the offering, but other early employees like chief operating officer Sheryl Sandberg and co-founder Dustin Moskovitz held onto their current stakes in the company. They may have sold shares earlier in the private secondary markets or when DST invested in Facebook a few years ago, but we don’t know for sure.
No one sold a majority of their holdings, as you can see below.
Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025
Netflix, Box, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, Vinod Khosla — just some of the 250+ heavy hitters leading 200+ sessions designed to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss the 20th anniversary of TechCrunch, and a chance to learn from the top voices in tech. Grab your ticket before doors open to save up to $444.
Join 10k+ tech and VC leaders for growth and connections at Disrupt 2025
Netflix, Box, a16z, ElevenLabs, Wayve, Hugging Face, Elad Gil, Vinod Khosla — just some of the 250+ heavy hitters leading 200+ sessions designed to deliver the insights that fuel startup growth and sharpen your edge. Don’t miss a chance to learn from the top voices in tech. Grab your ticket before doors open to save up to $444.
We will update the value of the remaining shares for the shareholders above based on Facebook’s share price at the close of the market later today.
~The Best Of TechCrunch’s Facebook IPO Coverage~
Video & Photos: Facebook CEO Mark Zuckerberg Rings In The NASDAQ Bell
No IPO Pop Here: Facebook Trades Slightly Higher At Around $40
Facebook’s Key Executives And Shareholders: What Is Everyone Worth?
Zuckerberg Receives Hoodie, Says “Our Mission Isn’t To Be A Public Company” In Pre-IPO Remarks
How Facebook Hacked The NASDAQ Button
Zynga Shares Go On Wild Ride During Facebook IPO — Big Fall, Then Recovery