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Tuesday, March 18, 2008

iFund

Was researching VC firms for IT investments and came across this rather surprising fund. KPCB (for starters, Kleiner Perkins is one the top VC firms that funded AOL, Google, Amazon and the like) has a new fund called iFund. Yes, it resonated with iPhone and iPod. And that's what they wanted. iFund invests in ideas and companies working on iPhone and iPod platforms. iPod/Phone truly created a economy of their own and it's only growing. There is Rajnikant and then there is Jobs.