Wikicities gets $4 mill in VC funds, changes name to Wikia: "
Filed under: VCs, wikis
This is a couple of days old, so maybe it's onlynews to me - but
Jimmy Wales' private wiki initiative hasreceived $4 million in venture capital from a very hip crowd of investors. Many people love the MediaWikisystem that Wikipedia runs on. I think others find it too complicated.
Wikis are interesting,but I can't believe they are going to be exciting enough to be funded by advertising. I like Wikis alot, so I hope all these hip investors will be proven correct. I'm not sure I can see truly mass audiencesediting pages and reading edited pages on very specific topics. I hope I'm wrong, though!
Found via alarm:clock
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