Recent Blog Posts
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A Big Fat Geek Survey
May 25 20123:56 pm EDT -
Phasing Out Instagram
May 25 20122:27 pm EDT -
UberConference Is Victorious!
May 24 20121:49 pm EDT -
Ark Floats, Olive Branch Unseen
May 21 20126:30 pm EDT -
Teach the Internet to Forget
May 21 20124:39 pm EDT -
Microsoft Patent Begs the Question:
Who Needs Developers?
May 17 20123:30 pm EDT -
Mozilla's Monitor-Me-Not
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Pandora Demographics Aim Wedding Proposal
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New York Techies Get Mappy Way to Job Hunt
May 15 20122:50 pm EDT
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- SciTech Daily

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- TechFlash

Anyone Want to Buy Some Facebook Shares?
Sam Gustin asks: Stock market slump got you down? Sad that your formerly high-flying Google shares are down 30 percent since last year's peak?
Well, have I got a deal for you! You've heard about Facebook, the high-flying Web phenomenon. Now is your chance to get in on the action. How?
Facebook will soon allow current employees to sell up to 20 percent of their fully vested stock options at the company's internal $4 billion valuation, according to VentureBeat.
The move makes sense for Facebook, because it allows current employees to realize some of the value of the shares without having to leave the company. Former employees are free to cash in on all of their options without company permission.
In the grand scheme of things, we're probably not talking about a lot of money here, as Peter Kafka notes, but still enough to put some folks in a Beamer or maybe put some money down on a nice piece of Silicon Valley property.
For investors, the plan could mean an opportunity to get a piece of the hottest Web 2.0 companies around. So what if they don't have a sustainable business model yet. That didn't stop Microsoft from investing $240 million in the company. So act now, and grab your piece of the Facebook pie, before it's too late!
Laura Rich is a co-founder of Recessionwire, which provides news, advice, perspective and humor about the recession and the recovery.
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