Hacker News new | ask | show | jobs
by jonknee 5048 days ago
This was a well known fact from the get go. TechCrunch on May 17th:

http://techcrunch.com/2012/05/17/facebooks-38-share-price-ma...

> When Facebook agreed to buy Instagram, it said it would pay with $300 million in cash and 22,999,412 shares of stock. That stock is now worth nearly $874 million, creating a $1.17 billion price tag.

1 comments

To save everyone the math, 23 million shares is now worth ~$458.8 million.