The third board member of Facebook is Jim Breyer. He is a partner in the venture capital firm Accel Partners, who put $12.7m into Facebook in April 2005. On the board of such US giants as Wal-Mart and Marvel Entertainment, he is also a former chairman of the National Venture Capital Association (NVCA). Now these are the people who are really making things happen in America, because they invest in the new young talent, the Zuckerbergs and the like. Facebook’s most recent round of funding was led by a company called Greylock Venture Capital, who put in the sum of $27.5m. One of Greylock’s senior partners is called Howard Cox, another former chairman of the NVCA, who is also on the board of In-Q-Tel. What’s In-Q-Tel? Well, believe it or not (and check out their website), this is the venture-capital wing of the CIA. After 9/11, the US intelligence community became so excited by the possibilities of new technology and the innovations being made in the private sector, that in 1999 they set up their own venture capital fund, In-Q-Tel, which “identifies and partners with companies developing cutting-edge technologies to help deliver these solutions to the Central Intelligence Agency and the broader US Intelligence Community (IC) to further their missions”.
contrast
http://www.kistefos.no/
http://www.nettwerk.com/blog/terry/polyphonic-its-game-changer
financing and information controversy with the pirate bay
http://en.wikipedia.org/wiki/The_Pirate_Bay
security issues
funny!
After The Pirate Bay introduced a feature in March 2009 to easily share links to torrents on the popular social networking site Facebook, Wired found in May that Facebook had started blocking the links. On further inspection, they discovered that all messages containing links to The Pirate Bay in both public and in private messages, regardless of content, were being blocked. Electronic Frontier Foundation lawyers commented that Facebook might be working against the US Electronic Communications Privacy Act by intercepting user messages, but Facebook chief privacy officer Chris Kelly said that they have the right to use blocks on links where there is a "demonstrated disregard for intellectual property rights," following users' agreement on their terms of service. Links to other similar sites have not been blocked.
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