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> a dentist's son worth an estimated $1.5 billion If they can't monetize Facebook, is he really worth anything?
by coglethorpe 18y ago
> a dentist's son worth an estimated $1.5 billion
If they can't monetize Facebook, is he really worth anything?
- jonknee 18y agoUntil the cash (not stock) is in your account, you have nothing. Considering the finicky audience and the trouble monetizing it, FB could very well pull a Friendster.
- alaskamiller 18y agoHe cashed out as part of the second rounds of investing. I've heard numbers ranging from 50 mil to 200 mil.
- bosshog 18y agoThe second round of funding was from accel and jim breyer. He cashed out ~ $1 million, according to Sarah Lacy's book which she interviewed him for.