Facebook, Inc. (FB) Nasdaq initiates a venture arm to invest in startups.Facebook is reportedly establishing its own multi-million dollar fund to invest in “leading private companies alongside top venture capital firms and angel investors”, The Axios reported on Thursday. The fund could help Facebook find new and emerging companies to invest in and help them become greatly successful. This is step in the right direction for Facebook as small businesses need investment.
Facebook had a job opening for head of investments to manage a fund investing in “leading private companies alongside top venture capital firms and angel investors.” The post no longer exists, so perhaps it has been filled.
Mark Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Facebook, Inc. and serves as its chairman, chief executive officer, and controlling shareholder. He also is a co-founder of the solar sail spacecraft development project Breakthrough Starshot and serves as one of its board members. Source: Click here-
Sheryl Kara Sandberg is the chief operating officer of Facebook, the founder of LeanIn.Org, and a philanthropist. In June 2012, she was elected to Facebook’s board of directors, becoming the first woman to serve on its board. In response to Sheryl’s 2010 TEDTalk on the ways women are held back–and the way we hold ourselves back–viewers around the world shared their own stories of struggle and success.
Facebook continues to bring new features to the platform member to benefit from.Facebook is testing a new feature where those that search for factual data such as what appears on Wikipedia or another platform. The information will appear within Facebook without the user reverting to an outside website and leaving the platform.
Mark Zuckerberg is an American media magnate, internet entrepreneur, and philanthropist. He is known for co-founding Facebook, Inc. and serves as its chairman, chief executive officer, and controlling shareholder. He also is a co-founder of the solar sail spacecraft development project Breakthrough Starshot and serves as one of its board members. Source: Click here-
Top Institutional Holders
Holder Shares Date Reported % Out Value
Vanguard Group, Inc. (The) 188,828,724 Mar 30, 2020 7.85% 31,496,631,163
Blackrock Inc. 159,221,271 Mar 30, 2020 6.62% 26,558,108,002
FMR, LLC 124,247,137 Mar 30, 2020 5.17% 20,724,422,451
Price (T.Rowe) Associates Inc 108,819,909 Mar 30, 2020 4.53% 18,151,160,821
State Street Corporation 95,449,004 Mar 30, 2020 3.97% 15,920,893,867
Capital Research Global Investors 72,328,001 Mar 30, 2020 3.01% 12,064,310,566
Capital International Investors 51,583,155 Mar 30, 2020 2.15% 8,604,070,254
Top Mutual Fund Holders
Holder Shares Date Reported % Out Value
Vanguard Total Stock Market Index Fund 67,790,793 Dec 30, 2019 2.82% 13,914,060,263
Growth Fund of America Inc 54,561,186 Dec 30, 2019 2.27% 11,198,683,426
Vanguard 500 Index Fund 48,078,340 Dec 30, 2019 2.00% 9,868,079,285
Fidelity Contrafund Inc 43,602,965 Jan 30, 2020 1.81% 8,803,874,663
Price (T.Rowe) Blue Chip Growth Fund Inc. 21,950,660 Dec 30, 2019 0.91% 4,505,372,965
Vanguard Institutional Index Fund-Institutional Index Fund 21,762,517 Dec 30, 2019 0.91% 4,466,756,614
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