; $13M from Accel sounds like an Internet bubble company:

  • advertising supported (not that it bad on it’s own but…)
  • rapid growth
  • founders leaving college (Harvard no less)
  • big VC funding early on

The three friends designed their site, Mr. Zuckerberg said, “in such a way that if it was good, it could be introduced at other schools.”
It was an instant hit, and within one month Columbia, Stanford and Yale students could log on to sites at their schools. By June 2004, sites were available for about 30 campuses and 150,000 students were registered.

Student’s Start-Up Draws Attention and $13 Million – New York Times []