Search results
Results From The WOW.Com Content Network
v. t. e. Meta Platforms (formerly Facebook, Inc.) is a technology company that has acquired 91 other companies, including WhatsApp. The WhatsApp acquisition closed at a steep $16 billion; more than $40 per user of the platform. Meta also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly ...
Some investors even suggested a $40 valuation, although a dip in the stock market on the day before the IPO ended such speculation. [23] Strong demand, especially from retail investors, suggested Facebook could choose a relatively high offering price. [23] Ultimately underwriters settled on a price of $38 per share, at the top of its target ...
Jim Breyer. James W. Breyer (born July 1961) [1] is an American venture capitalist, founder and chief executive officer of Breyer Capital, an investment and venture philanthropy firm, and a former managing [2] partner at Accel Partners, a venture capital firm. Breyer has invested in over 40 companies [3] that have gone public or completed a ...
Meta Platforms, Inc., [ 10] doing business as Meta, [ 11] and formerly named Facebook, Inc., and TheFacebook, Inc., [ 12][ 13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [ 14]
Amazon is the Internet company with the highest revenue, at $469.82 billion in 2021. [1] [2] This is a list of Internet companies by revenue and market capitalization. The list is limited to dot-com companies, defined as a company that does the majority of its business on the Internet, with annual revenues exceeding US$1 billion.
Facebook provides a development platform for many social gaming, communication, feedback, review, and other applications related to online activities. This platform spawned many businesses and added thousands of jobs to the global economy. Zynga Inc., a leader in social gaming, is an example of such a business.
Digital World Acquisition Corp. (DWAC), founded in 2021, was an American special-purpose acquisition company (SPAC), a shell corporation listed on a stock exchange with the purpose of acquiring (or merging with) a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens.
Thiel has been on the board of directors for Facebook since 2005, a year after CEO Mark Zuckerberg co-founded the company, and he was among its earliest investors.