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A comment on The Uncomfortable story to the Background of Facebook.

Re:The Uncomfortable story to the Background of Facebook by coglethorpe on Friday June 13, 2008 @09:48AM (#216751)
> a dentist's son worth an estimated $1.5 billion

If they can't monetize Facebook, is he really worth anything?

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Re:The Uncomfortable story to the Background of Facebook by jonknee on Friday June 13, 2008 @11:35AM (#216828)
Until the cash (not stock) is in your account, you have nothing. Considering the finicky audience and the trouble monetizing it, FB could very well pull a Friendster.
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Re:The Uncomfortable story to the Background of Facebook by alaskamiller on Friday June 13, 2008 @01:40PM (#216958)
He cashed out as part of the second rounds of investing. I've heard numbers ranging from 50 mil to 200 mil.
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Re:The Uncomfortable story to the Background of Facebook by bosshog on Saturday June 14, 2008 @04:26AM (#217448)
The second round of funding was from accel and jim breyer.

He cashed out ~ $1 million, according to Sarah Lacy's book which she interviewed him for.

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