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Digg, and you shall find VC money

digg.jpgDigg, the San Francisco start-up that ranks news items by letting people choose which stories they like anywhere on the Web, has just received $2.8 million in venture capital from some big-name investors, including Omidyar Network, the outfit led by eBay co-founder Pierre Omidyar, Netscape co-founder Marc Andreessen, and Greylock partners, among others. The story is in today's Mercury News.

Digg is just the latest in a string of...

...recent Internet investments by the Omidyar Network (we mentioned a few here), which says it seeks to promote "self-empowerment.'' Rob Hayes, director of investments at Omidyar, says "we're looking for opportunities where individuals can connect with each other in some significant way that they didn't have before.''

Here is Techcrunch on Digg.


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