Microsoft's $200 million is not all going to buy servers, as Mark Zuckerberg would like you to think. He splashed out $50,000 to rent Pangaea, an Austin nightclub, for the week, or so a doorman said as he turned away a local the other night. Pangaea is part-owned by Ken Howery of the Founders Fund, a Facebook investor. The payoff of this cozy arrangement: When Zuckerberg needed to do damage control a day after his tragicomic keynote interview, he had a stage at the ready. (Photo by Yelp/Kevin N.)
Facebook spends $50,000 of Microsoft's money on investor's nightclub
5:42 PM on Mon Mar 10 2008
By Owen Thomas
1,524 views
4 comments










Comments
Aside from PureVolume isn't there another social network that they run that noone uses as well?
Virb.com .. Thats right.
Isn't Pangaea owned by one of the Founder's Fund guys?
this is why zuck must go
[abclocal.go.com]
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