Friday April 3, 2020

Facebook workers to net flotation windfall

Up to 300 Dublin-based Facebook employees could make tens of thousands of euro if the company seeks a public flotation in May.

8th January, 2011
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Up to 300 Dublin-based Facebook employees could make tens of thousands of euro if the company seeks a public flotation in May.

There is growing expectation that the social networking giant, which recently announced an increase in its Dublin-based headcount from 200 to 300, will seek an IPO in the early summer.

If it does, all Facebook employees will reap a huge premium on their share options, some of which were issued when the company was valued at$4...

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