Facebook Inc. is set to unleash massive paydays in the venture-capital industry—including a potential record-breaking $9 billion jackpot for one venture firm, the Wall St Journal reports.
Facebook is expected to file to go public soon, raising as much as $10 billion at a valuation of $75 billion to $100 billion in what would be one of the biggest-ever U.S. public debuts, people familiar with the matter have said.
At those values, the venture-capital firms that funded the social network in its early days in 2005 and 2006 are poised to see their investments of around $12 million each in Facebook balloon into multi-billion dollar ...
Find out more at http://online.wsj.com/article/SB10001424052970204573704577186813800414598.html?mod=WSJ_Markets_LEFTTopStories
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