Elite social networking site Total Prestige to raise $1M
Total Prestige, another social network that aims to cater to elite users, plans to raise $1 million from angel investor Frank DeRose. The founding partner of private equity firm Ferrata Capital, DeRose wants the company to help facilitate investments, according to a New York Post story.
Is there a market for elite social networks? The market that rivals like A Small World, DiamondLounge and content-focused sites like Spire.com are already trying to capture in some form?… Continue Reading