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Venture Funded Adult Startups Shedding Staff
Tue, 10/21/2008 - 09:24 — beachboy97a7Zivity is one of the fist online adult products to receive major funding from mainstream venture capital resources, and purports to be the fusion of MySpace, Playboy, and American Idol. Despite raising upwards of $8 Million from sources such as Founders Fund and BlueRun Ventures, the small startup has already slashed staff from 22 to 14, likely in the interest of reducing overhead in order to weather the current situation of the economy.
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I bet this is just the beginning...