Venturing into ‘Private’ Social Media

Josh Kopelman, managing partner of First Round Capital, a venture capital firm, says a key strategy at his company is to use a private form of social media to create knowledge sharing that leads to new value. If two minds are better than one, then 60, 100 or 200 are even better. Thus, First Round Capital has developed a non-public network to connect members of its 200 portfolio firms.

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