Facebook Is Getting Into Venture Capital
It's not uncommon for tech companies with deep pockets to get into early-stage venture capital investing. Alphabet's Google Ventures, Salesforce Ventures, and Intel Capital are among the most prominent and active corporate venture capital arms within the tech sector. Even relatively newer companies like Slack have established similar funds to invest in start-ups.
Facebook (NASDAQ: FB) is now reportedly exploring a push into venture capital. It's surprising that it's taken the social-networking behemoth this long.
CEO Mark Zuckerberg. Image source: Facebook.
Source Fool.com
