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Breaking: Facebook's Zuckerberg Announces FB Fund

business2.com » 2007 » September » 17th » Breaking: Facebook's Zuckerberg Announces FB Fund

Tagged: venture capital, innovation and startups

Facebook founder Mark Zuckerberg just announced on stage at the TechCrunch 40 conference that he is creating a $10 million fund, to be called the FB Fund, to give $25,000 to $250,000 grants to software developers creating applications on Facebook. He is doing this with Peter Thiel of the Founders Fund and Jim Breyer of Accel Ventures. These will be no-strings-attached grants. Founders and Accel Continue Reading »


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