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Russia’s YCombinator, AddVenture Invests in SocNet for Parents, MiniBanda.ru

Files under: News
Posted by: Quintura @ 01:39 [19. 08. 09]

When the growth of generic Russian social network sites Odnoklassniki.ru and Vkontakte is plateauing, the investors start paying more attention to niche social networks. One such social network for young parents, MiniBanda.ru (МиниБанда) has raised $50,000 from AddVenture. As a result, a YCombinator-inspired seed stage venture firm AddVenture obtained a blocking minority stake in MiniBanda. [...]