• Billionaire Facebook board member Peter Thiel has sold most of his remaining stake in Facebook

    24 days ago - By Business Insider

    Peter Thiel has sold most of his Facebook shares.
    The shares were sold as part of a pre-determined trading plan designed to protect company insiders from insider trading accusations.
    Billionaire venture capitalist Peter Thiel, Facebook's first institutional investor, has sold three-quarters of his remaining stake in the social network, according to a regulatory filing filed on Tuesday.
    The sell was part of a pre-determined trading plan designed to protect company insiders from accusations of insider trading. Thiel, who is a member of Facebook's board, now owns 59,913 Class A shares in the...
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  • Peter Thiel sells most of remaining Facebook stake

    Peter Thiel sells most of remaining Facebook stake

    24 days ago - By Reuters

    Venture capitalist Peter Thiel, Facebook Inc's first institutional investor, has sold three-quarters of his remaining stake in the social network, according to a regulatory filing on Tuesday.
    Read more ...