CrossCut – When Facebook goes public Friday morning, one large beneficiary will be San Francisco hedge fund founder Chris Hansen, who is also negotiating with Seattle and King County to obtain $200 million of low-interest and presumably tax-free public financing to build a new professional basketball and hockey arena in the city.
With the Facebook IPO, Hansen’s hedge fund, Valiant Capital and its associated entities, stand to make hundreds of millions of dollars for clients and its founder.
