An aerial view of Lau Pa Sat, Singapore. Photo by Fahrul Azmi on Unsplash
May 19, 2021
Southeast Asia-based venture capital firms held a final close for five funds in the first quarter of this year, raising $694 million in total proceeds. The number of funds closed was the highest in a quarter since the COVID-19 pandemic hit the region at the start of 2020, shows DealStreetAsia’s latest report.
There was also a quarter-on-quarter jump in new capital raised in Q1 this was calculated by deducting the capital raised for previous interim closes from the five final closes and adding two interim closes reported in the first quarter. The seven fundraising milestones gathered $535 million in total. In comparison, there were three closes – interim or final – and $77 million in new capital raised in Q4 2020.
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Mark Zuckerberg Birthday Special: Hilarious memes featuring the Facebook honcho
Mark xcelled in his classes in school and won prizes in mathematics, astronomy, physics and classical studies.
Mark Zuckerberg born on May 14, 1984 is very popular for co-founding Facebook. He was born in White Plains, New York.
He had a Star-Wars themed Bar Mitzvah when he turned 13.
He excelled in his classes in school and won prizes in mathematics, astronomy, physics and classical studies.
He went on to attend Harvard University, it was at the Harvard dormitory from where he launched the Facebook social network service on February 4, 2004.
He launched Facebook with his college roommates Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes.
Read more about These entrepreneurs are turning their fleet into e-scooters after Covid hit on Business Standard. Bounce has crossed six million km on its electric scooters fleet, using a network of kirana owners, who have enabled over 150,000 battery swaps
Facebook Fast Facts
Facts
Timeline
February 4, 2004 – Facebook is launched by Mark Zuckerberg, Dustin Moskovitz, Chris Hughes and Eduardo Saverin at Harvard University, in Cambridge, Massachusetts.
March 1, 2004 – Students at Stanford, Columbia and Yale universities are allowed to join.
June 1, 2004
December 1, 2004
September 1, 2005
September 20, 2005 – The company drops the “the” from the name and becomes Facebook.
December 1, 2005 – Six million users are active on the site.
April 1, 2006 – Facebook for Mobile launches.
September 5, 2006 – The News Feed is introduced.
September 26, 2006 – Facebook expands to allow anyone to register.
March 28, 2007 – Former Harvard classmates Cameron and Tyler Winklevoss sue Zuckerberg in federal court, alleging that he stole the idea for Facebook from them. The two sides later agree to a $65 million settlement.