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Danish Mobile Social Network ZYB Acquired By Vodafone For 31.5 million
Posted on May 16, 2008
ZYB, a mobile social network that we gave high marks to in August 2007, has been acquired by Vodafone for 31.5 million, or about $50 million. The company had raised just 3 million in venture capital.ZYB was smart in how they built their service. At first they were a simple address book backup-to-web service. But they realized they had a very complete social graph from the data (who s closer to you than the people you call frequently on your mobile phone)? So they launched a mobile social network on the back of the original service.We ve continued to write about ZYB in comparison to c...
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