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Recently a startup I know was heavily pressured by Apple to change their iOS app marketing material. The problem? The app was shown with a white iPhone image on their website.
In a blog post Tuesday, 3-year old venture firm Andreessen Horowitz announced its third fund, a $1.5 billion monster that brings the firm's total capital under management to $2.7 billion.
Glassdoor is announcing some significant product news today that leverages Facebook's social graph to add in references and connections into its already robust job hunting product.
This is the first and only time you'll ever see a Hitler parody video on Pando, but... well... it's brilliant. It's so brilliant in fact that we're seriously considering featuring Hitler in our logo.
The very first conversation I ever had with Mark Zuckerberg was in 2006. He'd just raised his round from Accel Partners. I called the Facebook offices, and he answered the phone. He came across as a mix of arrogant and naive but utterly earnest in his belief that his company would not be the next Friendster. More than that, that he would actually change the world.
The S-1 doesn't appear to spell out how many shares Mark Zuckerberg has sold of his company that's causing a full on freak-out on the tech blogs today. Seriously, Dan Primack might lose his mind over that stat alone.
Yesterday, I wrote a piece for the Guardian in which I predicted "there's likely to be only one surprising thing about Facebook's IPO. And that's just how dull a $100bn flotation can be."
As they come in (the technosphere looks like this right now), we will be posting short snippets of important news about the Facebook IPO here on this post. So far, here's what we've got. Raising $5 billion. Mark owns over 25% of the company, making him worth roughly $25 billion on paper. There are 854 million users, with half logging on every day. Zynga accounts for 12.5 percent of Facebook's revenue. Facebook will likely see revenue decline, as they reach higher market penetration. COO Sheryl Sandberg made $32 million last year (and the shareholder breakdown). The letter from Mark Zuckerberg, on the IPO. Facebook does not plan on entering China. Facebook revenue over time and income over time. It will be a "controlled company". Although MG tried to stay away, he couldn't: 1, 2, 3 Mobile monthly active users grew 21% over the last four months Facebook spent 68 million on acquisitions last year [Source: All of this information is from the SEC filing, and more sourcing can be found at Techmeme]
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