Thursday, November 1, 2012

FB: Some Facebook (FB +1%) news: 1) Sources tell...

11:09 AM Some Facebook (FB +1%) news: 1) Sources tell The Daily Facebook is working on a classifieds feature. Though called a Craigslist rival, it bears a closer resemblance to Facebook's Promoted Posts: listings for sale items, housing, and jobs would be highlighted in the news feeds of a user's "friends," perhaps for a small fee. 2) Early Facebook investor and Accel Partners VC Jim Breyer recently sold $81M in shares. Accel sold much of its Facebook stake during the IPO, and distributed shares to its investors following an August lockup expiration. (Read the comments on this)

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