YES, $100 million is no small amount of money, but is Mark Zuckerberg really "rich" enough to pay for that? He is, but he has been defined as "paper-rich, cash-poor". He is not going to lay down his donation in cold hard cash, but Facebook shares. Facebook has yet to go public in the stock market, so his stock is worth only as much as the "secondary market" perceives it to be, estimated at $33 billion or $76 a share. The secondary market is the only way to get your hands on a piece of Facebook, for now. The shares that have been distributed have come primarily by Employees who have sold their shares. Many companies, such as Elevation, Microsoft, Digital Sky Technologies, and many private investors, have found ways to get their hands on a piece of Facebook.
So the $100 million worth of Facebook shares Mark has donated to his new foundation Startup:Education, are worth nothing more than the "predicted value" of Facebook, based off the most recently sold share in the "secondary market". So the question is, how much is Facebook worth and how many shares will Zuckerberg have to give away to provide $100 million??? The amount of shares he may give to the Startup:Education program might actually by worth well over $100 million by the time they sell them.
Opinion: This article is very stock market oriented, but i found it interesting the price of Facebook and it's true value. We will know soon enough how much Facebook is really worth. I think this is a great opportunity for the public to invest in a company that is seemingly becoming larger than life.
This is the article:
http://www.nytimes.com/2010/09/28/business/28sorkin.html
Some related sources:
http://www.marketingpilgrim.com/2010/04/want-to-buy-facebook-shares-too-bad.html
http://www.foxbusiness.com/markets/2010/06/28/elevation-partners-status-buying-facebook-stock/
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