Friday, October 22, 2010

The sFund

I hope I can use the sFund some day.

http://bits.blogs.nytimes.com/2010/10/21/kleiner-perkins-and-partners-create-250-million-social-fund/?partner=rss&emc=rss

Excerpt from NYT: Kleiner is creating the sFund at a time when investing in social is hardly new. Several prominent venture capital firms like Accel Partners, Greylock Partners, Spark Capital, Union Square Ventures and others, have been heavy investors in social start-ups. And several companies, like the game makers Playfish and Playdom, have already been sold for hundreds of millions of dollars.

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