No doubt, Facebook is one of the internet’s hottest startups. The company has raised gobs of venture capital, has deals with companies like Microsoft (NASDAQ: MSFT), and is often rumored to go public or be bought out. The company’s founder, Mark Zuckerberg, is just in his early twenties, fresh from Harvard. Over the past few ...
During his keynote conversation with Michael Arrington this afternoon at the TechCrunch40 conference, Facebook founder and CEO Mark Zuckerberg announced that the company will be launching a new entity called fbFund with Accel and Founders Fund. The size of the fund will be $10 million (coming from Accel and Founders Fund) with anywhere between $25 ...
