Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Seattle investor has plans to build downtown arena

seattleflamer · 05-10-2012, 11:40 AM

From the Seattle Times: http://seattletimes.nwsource.com/htm...seattle_s.html

Hansen who is interested in building a new arena and bring back the NBA is going to have a tidy profit from the upcoming Facebook IPO:

Seattle basketball fans may have a reason to cheer for Facebook's upcoming public stock offering.
One of the early investors who stands to make a quick fortune on the deal is Chris Hansen, the San Francisco hedge fund manager trying to develop a new arena in Seattle and bring an NBA team back to town.
Hansen bought private Facebook stock in 2010 that's worth up to $1.27 billion at the high end of Facebook's IPO plan, according to a Forbes story. It estimates that Hansen paid up to $500 million for the shares.

05-10-2012, 11:40 AM	#184
seattleflamer Scoring Winger Join Date: Aug 2005 Location: too far from Calgary Exp:	Facebook to Fund New Seattle Arena...sort of From the Seattle Times: http://seattletimes.nwsource.com/htm...seattle_s.html Hansen who is interested in building a new arena and bring back the NBA is going to have a tidy profit from the upcoming Facebook IPO: Seattle basketball fans may have a reason to cheer for Facebook's upcoming public stock offering. One of the early investors who stands to make a quick fortune on the deal is Chris Hansen, the San Francisco hedge fund manager trying to develop a new arena in Seattle and bring an NBA team back to town. Hansen bought private Facebook stock in 2010 that's worth up to $1.27 billion at the high end of Facebook's IPO plan, according to a Forbes story. It estimates that Hansen paid up to $500 million for the shares.