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| Blog Name: |
fbFund Blog |
| Url: |
http://fbfund.com/ |
| Language: |
English |
| Topics: |
facebook, startups, Technology |
| Description: |
fbFund is a $10M seed fund and joint venture run by Facebook, Founders Fund, and Accel Partners. Investment capital for the fund is provided by both Accel and Founders Fund. For the current fbFund REV 2009 incubator program (our third company competition), selected companies are eligible to receive up to $100K in equity investment. This year we have 24 companies participating in a 10-week program from June thru August in Palo Alto, CA. |
| Popularity: |
94 Followers |
Can Web-Based Startups Succeed Outside of the Valley?
Of course! I can name many successful tech companies that started outside of Silicon Valley. However, after spending 12 weeks working out of the fbFund Rev incubator program in Palo Alto, it was clear that NutshellMail needed to maintain a presence in the Silicon Valley Geek-o-system. You have to ask, “Why did Faceboo
Was fbFund REV Worth It? Why?
REV was a big commitment for GroupCard. It meant moving our development team from Milwaukee to Palo Alto, subletting a small two-bedroom house for the team (at thirty-three freaking hundred dollars a month), and saying farewell to friends and family for the summer.
So was it worth it? Without a doubt I say yes. But you already knew that, or else they wouldn’t let me post this, right? You’re no dummy.
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