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Eduardo Luiz Saverin ( / ˈsævərɪn / SAV-ər-in; Portuguese: [eduˈaʁdu luˈis ˈsaveɾĩ] ⓘ; born March 19, 1982) [ 4] is a Brazilian billionaire entrepreneur and angel investor based in Singapore. [ 5] Saverin is one of the co-founders of Facebook. [ 6] In 2012, he owned 53 million Facebook shares [ 7] (approximately 2% of all ...
The LIHTC provides funding for the development costs of low-income housing by allowing an investor (usually the partners of a partnership that owns the housing) to take a federal tax credit equal to a percentage (either 4% or 9%, for 10 years, depending on the credit type) of the cost incurred for development of the low-income units in a rental housing project.
VK (short for its original name VKontakte; Russian: ВКонтакте, meaning InContact) is a Russian online social media and social networking service based in Saint Petersburg. VK is available in multiple languages but it is predominantly used by Russian speakers.
A simple agreement for future equity ( SAFE) is an agreement between an investor and a company that provides rights to the investor for future equity in the company similar to a warrant, except without determining a specific price per share at the time of the initial investment. The SAFE investor receives the future shares when a priced round ...
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Facebook's valuation steadily increased in the days leading up to the IPO. Prior to the official valuation, the target price of the stock steadily increased. In early May, the company was aiming for a valuation somewhere from $28 to $35 per share [19] [20] ($77 billion to $96 billion). [21] On May 14, it raised the targets from $34 to $38 per ...
GV Management Company, L.L.C. GV Management Company, L.L.C.[ 4] is a venture capital investment arm of Alphabet Inc., founded by Bill Maris, [ 5] that provides seed, venture, and growth stage funding to technology companies. Founded as Google Ventures in 2010, the firm has operated independently of Google, Alphabet's search and advertising ...
Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or ...