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Internet investments: Venture banking on social networks

Author: John Bakie
unquote | 19 Jul 2010 | secure
Making money from social networking

Social networking has enjoyed a meteoric rise in recent years and the sector’s biggest player, Facebook, is this week set to announce it has 500 million users. However, there remain doubts over whether social networking can be profitable, but this has not stopped some venture capital players investing. John Bakie investigates

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