Really? Wikipedia shows they raised over a billion from investors before IPO (including individual rounds of $800M and $300M.) Of the $800M, half went to cash o

Really? Wikipedia shows they raised over a billion from investors before IPO (including individual rounds of $800M and $300M.) Of the $800M, half went to cash out. I'd agree though that at least technically, to deliver the core user product, this money simply wasn't needed. (It might have been needed for advertising or building up contracts, etc.)