Fair Trade: Facebook Stock for a $29M Home?
Posted by The Cascade Team Real Estate on
Daily Real Estate News | Monday, March 26, 2012
Facebook stock shares have been getting plenty of buzz by investors who want to cash in, and already in anticipation, Facebook investors have been bidding up home prices in Silicon Valley. One man is so confident about the Facebook IPO that he’s willing to give up his home to get a piece of the shares.
Reporter Jane Wells from CNBC recently reported about an entrepreneur in Los Gatos, Calif. — an area in Silicon Valley— who is making the unusual offer to trade his $29 million home for $29 million in pre-IPO Facebook stock.
Entrepreneur Ken Raasch says, “I feel like Facebook has a great model, and I’d like to…
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