Member access

4-Traders Homepage  >  Shares  >  Nasdaq  >  Facebook Inc    FB   US30303M1027


SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 

Facebook Inc : Facebook Co-Founder Saverin : Seeing Greater Investment Opportunities in Asia

02/20/2013 | 11:18pm US/Eastern

SINGAPORE--Facebook Inc. (FB) co-founder Eduardo Saverin said Thursday he is seeing greater investment opportunities in Asia, especially in areas like mobile.

"The exponential growth in mobile technology" in Asia is creating investment opportunities, Mr. Saverin said at The Wall Street Journal's Unleashing Innovation conference in Singapore.

Mr. Saverin, who hails from a wealthy Brazilian family, launched Facebook with current chief executive Mark Zuckerberg and other Harvard University students in 2004. But he left the company early on, and moved to Singapore in 2009, where he has become a celebrity, followed closely by local fans and reporters. He described Singapore as a "great market" for investment, citing diversity of talent and growing support from the government.

"Today, I'm an angel investor, (an) early-stage investor," he said. "It'll be okay if I don't create another Facebook."

In the 2010 movie "The Social Network," which was based on the genesis of Facebook, Mr. Saverin was portrayed as one of the main characters, along with Mr. Zuckerberg.

Write to Juro Osawa at

Subscribe to WSJ:

Recommend :
React to this article
Latest news on FACEBOOK INC
50m agoDJMARKET SNAPSHOT : Long View On Stocks Is Best During Weak Earnings Season
1d ago GOOGLE : Why the sky's the limit for Google and Facebook
1d ago AMER : Family learned of son's Syria death via Facebook
1d ago KMC KUEI MENG : Facebook adds new features to iPhone app 'Paper'
1d ago FACEBOOK : Introduces Nearby Friends Feature
2d ago FACEBOOK : rolls out location-sharing feature
2d ago Mobile computing still a challenge to Google sales
2d ago FACEBOOK : App To Show When Friends Are Nearby
3d ago New US-Spanish firm targets rich mobile ad market
3d ago Analysis - Weibo debut highlights complicated dance with Chinese censors
Duration : Period :
Facebook Inc Technical Analysis Chart | FB | US30303M1027 | 4-Traders
Income Statement Evolution
Facebook Inc : Income Statement Evolution
More Financials
Dynamic quotes