Small World Funders Unable to Exit
The invite only social network site for worldwide jetsetters, a Small World, has been trying to go public for the past few months but unfortunately has not been able to. According to the founders, the market was too choppy and will stay that way for the next 12 months. The challenges facing the four year old company is a sign of challenging economic times.
Then again I’m not so sure that the public offering of a web-based social network is a bellwether for the overall economy.
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