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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?

March 30, 2006 | Filed Under Uncategorized 

comments

One Response to “Venture investing’s new strategy?”

  1. Chad Edge on March 30th, 2006

    drool either way. I’m sure you can smell the burst coming. I intend to ride the wave as far as it will go either way.

    I take that back. I haven’t taken any yet, why start now.
    Drool all the same. Glad to see everything clearing up and commenting coming back.

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