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Early Facebook (FB) investor and director Peter Thiel converted more than 9M of his shares from...

Early Facebook (FB) investor and director Peter Thiel converted more than 9M of his shares from Class B to Class A, suggesting he's willing to give up some control over the company to give himself more flexibility to sell stock. Thiel's done pretty well with Faceboook, running a $500K investment into more than $1B. Shares -1.8% premarket.
Comments (1)
  • vancity
    , contributor
    Comments (12) | Send Message
     
    FB is a dog, 17 bucks by years end, $10 by 2015. No one uses their ads, just a useless tool to show baby pics and food.
    15 Aug 2012, 01:28 PM Reply Like
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