Web 2.0 News

GameTrust sold for less than $50M, after raising $20M over 3 rounds
Paid Content reported today that GameTrust sold for less than $50M, after raising $20M over 3 rounds, over the past 5 years. That does not seem like a healthy exit for the numerous VCs, which include: TWJ Capital, NJTC Venture Fund, Patriot Capital, CSK Ventures, Topspin Partners, Silicon Alley Venture Partners, Draper Associates and investor Elon Musk.

Source: http://watchmojo.com/web/blog/?p=2122