Idealab Capital Becomes Clearstone

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Idealab Capital Partners, a venture capital firm with $450 million under management, including investments in MP3.com and GoTo.com, has changed its name to Clearstone Venture Partners.

The name change comes at a particularly challenging time for affiliate Idealab! — the troubled Internet incubator which has seen such high-profile flops as Z.com and eToys.

ICP was founded three years ago by Idealab! founder Bill Gross and partner Bill Elkus. Idealab! is an investor in ICP, now Clearstone.



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