Microsoft has invested $240 million in Facebook for a 1.6% stake. And Microsoft will have an exclusive ad partnership with Facebook as part of the investment.
MyPunchBowl has raised seed capital from Intel Capital and eCoast Angels.
Pulse 2.0 NewsletterDaily business and finance intelligence.
Subscribe to the Pulse 2.0 Newsletter
Stay informed with the day's intelligence on business, finance, capital markets, deal flow, law, tech, and AI delivered to your inbox each evening at 6pm ET.