A Fine Line

by nikiscevak on January 30, 2011

Craziness, it seems, is a fine line:

“[Kevin] Rose announced that he and [Tim] Ferris recently invested in Facebook “before the craziness.”

[...]

“We confirmed with Rose that he and Ferriss actually bought shares on secondary market SecondMarket at a $45 billion valuation. We’re told the deal was in the seven figures. [..] The ‘craziness’ Rose is referring to is Facebook’s recent $1.5 billion funding round from Goldman Sachs and DST at a $50 billion valuation”

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