Just out of curiosity, what could this possibly be spent on? Assuming it is going to be used to build out in foreign markets, is this mostly advertising/marketing costs? It already seems like they have a pretty good foothold in foreign markets. I can't imagine with $250M/yr in revenue they really need that $500M for hiring people. Also - how much does this leave the founders with in terms of %?
One speculation I have that might answer my first question is that they're going to spend this on lobbying and legal battles.
One speculation I have that might answer my first question is that they're going to spend this on lobbying and legal battles.