Msg#: 4305164 posted 3:24 am on Apr 28, 2011 (gmt 0)
A group of Facebook shareholders is seeking to offload $US1 billion worth of shares on the secondary market, a sale that would value the company at more than $US70 billion, according to five sources with direct knowledge of the situation.
It would represent one of the largest transactions of Facebook shares to date and points to a growing wariness among early-stage investors and employees who fear Facebook's growth cannot keep pace with its market valuation.
Do webmasters share a similar sentiment on expectation of Facebook's performance?
Yes. There is a slowly growing backlash among many users due to spam-type issues. It is much like what we saw in the early days of email. I would add that more and more businesses are putting a very low number on what they are willing to invest in managing FB. There is a growing unease about building an audience in a network controlled by someone else (a la Google, only worse).