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Tag: "VC"

Who owns Facebook?

on January 20, 2011 | Facebook | Comments (0)
Who owns Facebook?

Facebook has recently had a valuation of $50 Billion USD after Goldman Sachs invested in the company. So who actually owns Facebook? Interestingly enough Mark Zuckerberg, his Facebook staff, and Co-Founders still own over 60% of the company. Here is the breakdown: Facebook staff: 30% Co-founder and CEO, Mark Zuckerberg: 24% Co-founder Dustin Moskovitz: 6% […]

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Twitter and Tumblr raise VC funding

on December 20, 2010 | Tumblr Twitter | Comments (0)
Twitter and Tumblr raise VC funding

Twitter and Tumblr have both recently secure additional venture capitalist funding from Silicon Valley VC firms. Kleiner Perkins Caufield & Byers has put in around $200 million to Twitter giving the company a valuation of around $3.7 Billion. Spark Capital, Sequoia Capital, and Union Square Ventures have reportedly put in $30 million to Tumblr. This […]

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