Facebook's first intern got a hefty investment in his own start-up this week. Here's what some others are up to these days.
Does working at Facebook automatically make you a more successful entrepreneur? Of course not, but several former Facebook employees have seamlessly transitioned into the entrepreneurial world since leaving the social media company.
Case in point: This week, Darian Shirazi, Facebook’s first intern, raised $12.4 million from investors for his local data start-up Radius Intelligence.
Here's what some of the first Facebook employees are doing now:
Darian Shirazi, founder of Radius Intelligence
In 2008, former Facebook intern Shirazi founded Radius Intelligence to aggregate and organize local data from the Internet to help companies, marketers, and sales teams reach small businesses. The San-Francisco-based company has just received $12.4 million from investors including American Express and Comcast Ventures.
Dave Morin, founder of Path
Path is a mobile social networking site and the brainchild of Morin, a former platform manager at Facebook. Launched out of San Francisco in 2010, the company now has a total of $42 million in funding from investors such as Index Ventures and Redpoint. Nearly 6 million users have reportedly downloaded the app to date, and Path plans to roll out a premium subscriber service soon for its more copious users.
Adam D’Angelo, founder of Quora
D’Angelo, formerly chief technology officer at Facebook, and Charlie Cheever, former Facebook engineer, introduced user-generated question-and-answer platform Quora in 2009. D’Angelo once said that when Internet users search for a topic, they want a source of quality, accurate information on a subject, rather than what was posted online most recently. To date, the Palo Alto, California, company has received $61 million in Series A and Series B funding.
Doug Hirsch and Scott Marlette, founders of GoodRx
Hirsch left his gig as vice president of product at Facebook and joined forces with coworker Marlette, a former Facebook engineer, to construct GoodRx, a website and mobile app that deal-hunts for prescription drugs. Users punch in their zip code and prescription, and the cheapest local seller pops up. Launched in September 2011 in Santa Monica, California, GoodRx has received $1.5 in seed funding from venture capital funds including Founders Fund and SV Angel.
Chamath Palihapitiya, founder of The Social+Capital Partnership
The former vice president of Facebook formed this venture capital fund out of Palo Alto, California, in 2011. Rather than woo businesses, The S+C Partnership accumulates donations from individual investors who share Palihapitiya’s vision. His first fund raised $450 million. With this money, Palihapitiya targets start-ups in healthcare, education, and financial services, seeking out early-stage businesses with bold ideas.