Live: Facebook Announces $250,000 fbFund Grant Winners

5:30pm We’re here at Facebook for the announcemet of the Round II fbFund $250,000 grant recipients. 25 entrepreneurs who won $25,000 in Round I of the fbFund competition are here demo’ing their apps for the press and developer community, vying for another $225,000. User voting, which played a role in choosing the winners, closed a few days ago.

6:06pm Developers, press, and Facebook execs are mingling with the finalists. Chamath says it’s very gratifying to see how many people have “put their faith in what we’re doing.”

6:12pm

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