For Sale: Facebook Stock

Today I wrote a story for BusinessWeek Online reporting that a growing number of Facebook employees have been selling their stock in the social networking phenom. The sales are happening at valuations far below the much-hyped $15 billion valuation Microsoft conferred on the company when it bought a slice of preferred stock last fall.

It’s been the most read story on our Web site all day. If you haven’t read it, click here.

One question for readers: Do you think it’s a good idea for startups to create programs that help employees to sell stock?

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