Just announced today, a $53 million investment from Bain Capital Ventures, Sequoia Capital, Greylock Partners and Bessemer Venture Partners values #3 social networking site at $1 Billion. The VC’s received 5% of the company for the investment.
In 2007, Microsoft paid $240 million for 1.6 percent of Facebook, making the Facebook valuation at that time around [...]
Entries Tagged as 'MySpace'
LinkedIn Valued at $1 Billion; MySpace Relaunch
June 18th, 2008 · No Comments
Tags: GodTube · Linked In · MySpace · Social Networking
MySpace’s Major Relaunch - Can Christian Sites Keep Up?
June 16th, 2008 · No Comments
What is called the largest scale relaunch of a website its size ever, the new MySpace site is only 3 days away. Global media company News Corp has been working for 6 months on a relaunch that will change its home page, navigation, profile editing, search, and many other features. The goal is to widen [...]
Tags: FaithItUp.com · HisHolySpace · MySpace · Social Networking · Xianz.com
List of Christian Social Network Websites
May 26th, 2008 · 11 Comments
Many Christians use MySpace or Facebook, but a lot of Christians would also like to find a social networking site where they can connect in a safe community for Christians and grow in their walk with Christ. There are quite a few to choose from. We will be maintaining this as “The List” of Christian Social [...]
Tags: Christian.com · Facebook · FaithFreaks.com · FaithItUp.com · HisHolySpace · JCFaith.com · MySpace · ShoutLife.com · Social Networking · Xianz.com · myPraize.com