Dan Primack

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

Yes, there is still Facebook stock for sale

January 11, 2011: 5:14 PM ET

Mark Zuckerberg Facebook

Goldman Sachs is no longer taking orders for Facebook shares, but that doesn't mean that accredited investors still can't buy in at that $50 billion valuation.

For example, someone forwarded me a December solicitation from NYPPEX, which said it is "in touch" with someone who wants to sell 10 million founders shares at $22 per share. That's basically the $50 billion valuation priced by Goldman (GS), with the seller preferring to attract a single buyer.

If $220 million seems like a bit more than you're looking to invest, SharesPost is helping to sell up 175,000 shares at a $27 reserve price (or around a $54 billion valuation -- so much for Goldman setting the market!). The minimum investment on this deal is just $100,000, with final bids due by Friday.

There's also word that SecondMarket is running a Facebook share auction this week, but no word on pricing details.

No word on who any of the sellers are, although I also hear from multiple sources that Facebook co-founder Dustin Moskovitz recently sold a chunk of his own holdings via a secondary sale.

It's worth emphasizing that Facebook has ultimate say over who can buy and sell its shares. But if you've got the cash -- and aren't competing for the shares against an FOM (friend of Mark) -- then chances are you too can hold what might soon become the most widely-distributed private company stock of all time.

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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