章 999: Chapter 899: Time to Pick Up the Pace_2

Facebook Inc, the company, was a casual investment by Wang Ye, whose founder was his tech-savvy roommate back at Moscow University.

However, without Wang Ye's initial investment, and the continuous financial support thereafter, the development speed of Facebook definitely couldn't have been this fast.

According to the latest round of financing for Facebook, the company's valuation has reached a whopping 1.2 billion US dollars!

Honestly, this valuation is almost catching up to the initial market value of old internet companies like MAIL.RU and YANDEX.

Of course, these two companies have been acquired and merged, now being the undisputed behemoths of the Russian internet!

Such valuation is something Facebook, an emerging company, cannot discuss as an equal.

Moreover, the global Internet winter has passed, showing signs of warming up.

Wang Ye plans to prepare his two companies (M&Y, Facebook) for a public listing on Nasdaq.