2min chapter

Acquired cover image

The Lyft IPO

Acquired

CHAPTER

The First Institutional Investor in Zimrads

Facebook invested $250,000 in Zimrads to help support it because it was this growing app on the platform. It appears it actually was a grant and not an investment so I don't know that they got equity for it. John meets up with his friend's mother who works in the Lehman Brothers building in Manhattan at another finance firm in the building. She must have heard about what he was thinking about and said, "I got to sit this kid down"

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