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brandnewlow
on Oct 1, 2011
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VC Decries Airbnb’s Recent Funding for Founder Con...
Zuckerberg, Moskovitz, and Parker each got $1m from Accel when they raised their $12.7m Series A according to David Kirkpatrick's The Facebook Effect.
sek
on Oct 1, 2011
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The reason there was competition between VCs, this is a different motivation and the amount is not that high.
ebaysucks
on Oct 1, 2011
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$3M on 12.7M investment is higher percentage wise than what the Airbnb guys are asking. Plus, it's earlier stage.
staunch
on Oct 1, 2011
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And the Airbnb deal is probably a lot more competitive. Facebook was hot, but the market wasn't.
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