Epstein Index›Documents›EFTA00293598
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Epstein File EFTA00293598: Facebook and Dropbox (DS9)

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Financial document discussing investment strategy regarding GSVC stock in relation to Facebook's IPO, noting a short position taken ahead of the IPO and subsequent 50% drop in GSVC's share price.

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🔑 Evidence Keywords
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📋 Key Excerpts4

PersonKeyword
Excerpt 1
We shorted GSVC after it traded to a substantial premium to NAV ahead of the **Facebook** IPO.
Excerpt 2
Our perception was that post the **Facebook** IPO, GSVC would go from being a use of cash for investors to a source of cash as they reallocated into **Facebook**
Excerpt 3
After the **Facebook** IPO, GSVC's share price dropped by approximately 50%, driving our gains in the position.

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Source: U.S. Department of Justice

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