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Mobile app investors pickier in lean times

By BlackBerry Partners Fund Administrator – March 18, 2009
BlackBerry Partners Fund Administrator

http://totaltele.com/view.aspx?C=0&ID=444068

Two new funds dedicated to mobile applications report that pace of investment has slowed.

Venture capitalists have raised the bar for investing in companies creating new applications for smart phones.

A year ago, two new funds dedicated to mobile apps were received by entrepreneurs with much fanfare. Kleiner Perkins Caufield & Byers unveiled its $100 million iFund for developers working on features for Apple Inc.'s

 

 

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March 18, 2009
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BlackBerry Partners Fund Administrator
 

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