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According to Zuckerberg, Facebook already had thousands or hundreds of thousands of users when they took funding, and they were funding growth with ad revenue.
by ryanwaggoner 17y ago
According to Zuckerberg, Facebook already had thousands or hundreds of thousands of users when they took funding, and they were funding growth with ad revenue.
- grinich 17y agoFrom what I've heard, they took funding primarily to build the photos app, which ended up being FB's killer feature over other social networking sites at the time.
- falsestprophet 17y agoOne of Zuckerberg's Harvard friends, Eduardo Saverin, funded the company early on. Eduardo had good luck trading futures to the tune of several hundred thousand dollars profit.