Venture investing’s new strategy?
Benchmark is investing in both Zopa and its primary rival Prosper.com? Clones of each other.
Benchmark also invested in Linden Labs (Second Life) in California, and The HabboHotel which is basically a competitor overseas. Both develop virtual 3d worlds on the internet.
Hmm, those board meetings must be tense. The folks at Benchmark must be pretty smooth talkers…or, is this a new VC tactic that’s bound to stick?