Social Gaming Roundup: 3ME, Russia, Buyouts, & More
Venture Firms Boosted by Zynga — A few venture companies that had the foresight to invest with Zynga early on are enjoying an advantage in their fund-raising, according to The Wall Street Journal. Original investor Foundry Group is “already collecting $225 million in commitments for its second venture fund,” while Avalon Ventures is ahead of its $150 million target. Other Zynga investors that may be seeing a boost include Andreessen Horowitz, Institutional Venture Partners, and Union Square Ventures.
Mark Cuban May Be Going Social — Billionaire owner of the Dallas Mavericks basketball team and HDNet is looking for social game projects to invest in.
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