18 Jun '11, 4am

Facebook co-founder invests in S’pore start-up #Singapore

Facebook co-founder invests in S’pore start-up #Singapore

Eduardo Saverin invests in a Singapore start-up. (Yahoo! photo/Ewen Boey) 29-year-old Facebook co-founder Eduardo Saverin , who is worth US$2.5 billion (S$3.1 billion) and is now based in Singapore, has invested an undisclosed sum of money in local digital media management company ADZ, and will join its board of directors. In a statement published on Wednesday, ADZ believes his investment and vast experience as a technology entrepreneur and investor will be a valuable asset to the company and put Singapore on the world map. "We're delighted to have Eduardo join our board and his agreement to participate in our Series A financing. He has been very supportive of our team, vision and plans. Eduardo not only brings his status as co-founder of the world"s largest social network, but he also provides us with immense knowledge and experience around the implications of 'social' on...

Full article: http://sg.news.yahoo.com/blogs/fit-to-post-technology/fac...

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