Conduit Labs: social networking through gaming
Conduit Labs is a secretive new company, not launched yet, but which says it wants to build a new social network: One built around virtual world gaming, but with networking components that reflect real life, just like Facebook does for students on college campuses.
It has… Continue Reading
Fanning to launch Rupture, a social network for games
Shawn Fanning, founder of the popular music file sharing company Napster, is back in the game with a new start-up.
This time, Fanning wants to bring social networking to popular online games like World of Warcraft, as BusinessWeek first reported.
Experts say this is a… Continue Reading
Susan Wu, the first virtual venture capitalist, blogs
Susan Wu is an associate at Charles River Ventures, and becomes the latest in the rare group of female venture capitalists writing a blog (you can count them on one hand).
The blog is called Reality, a play on the theme of her interest, which is… Continue Reading
Charles River Ventures introduces friendly “convertible” seed round
Updated
Charles River Ventures, an early stage venture capital firm, has launched a new investment strategy, offering rapid but tiny $250,000 checks to Internet start-ups.
The program, called QuickStart, recognizes times have changed, and that Internet companies no longer need the vast amounts of cash that most… Continue Reading