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Existing investors like Peter Thiel, Reid Hoffman must have influenced fb's decision. Honestly, what kind of VC firm can add value worth up to $250MM. >(a) kid
by seferphier 13y ago
Existing investors like Peter Thiel, Reid Hoffman must have influenced fb's decision. Honestly, what kind of VC firm can add value worth up to $250MM.
>(a) kids move on to the next thing
The risk is small given fb users's engagement time. "Kids" were spending hours on fb. This is an entirely different beast than myspace and friendster.