Mark Zuckerberg has done a pretty good job of keeping his finger on the pulse of social media and related technologies. A Facebook spokesperson said the company has already hired an investor to lead the multi-million dollar fund, but didn't confirm the size of the fund, according to Axios. Facebook is following in the footsteps of fellow FAANG stock Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which has operated a venture capital fund since 2009. Read More...
Facebook’s Plan to Spot the Next Big Social App
Mark Zuckerberg has done a pretty good job of keeping his finger on the pulse of social media and related technologies. A Facebook spokesperson said the company has already hired an investor to lead the multi-million dollar fund, but didn’t confirm the size of the fund, according to Axios. Facebook is following in the footsteps of fellow FAANG stock Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), which has operated a venture capital fund since 2009.
Add Comment