Investors Flock to MySpace Clones
Filed in archive Business by Mark Brooks on July 18, 2006
LA TIMES -- July 16 -- Moneyis pouring into businesses preening to become the next MySpace. Facebook has raised $38.2 million. Affinity Engines is helping about 50
colleges create their own Facebook clones. Bebo ($15 million),
Doppelganger ($11 million), Gaia Interactive ($8.9 million), TagWorld
($7.5 million) and Tagged.com ($7 million). FULL ARTICLE @ THE OLYMPIAN
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