Some of that wealth will flow back into Menlo Park. The city recently approved an agreement related to Facebook's planned campus expansion that will generate $8.5 million total in graduated payments during the next 10 years, and followed by $5 million during the subsequent four years, as well as funding for community and infrastructure improvements.
Facebook employees celebrated in their traditional manner by holding an all-night Hackathon that started on Thursday. Founder and CEO Mark Zuckerberg followed up taking the company public with a more personal milestone, marrying longtime girlfriend Priscilla Chan in a small ceremony at the couple's Palo Alto home on Saturday, May 19.
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