The Facebook NPE Team Is Also Investing in Startups

It is running a multimillion-dollar fund

NPE stands for New Product Experimentation Facebook

The Facebook NPE Team is best-known for its experimental stand-alone applications—the NPE stands for New Product Experimentation—but it is also quietly running a multimillion-dollar fund to invest in startups.

david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.