PAID CONTENT -- Apr 21 -- Stealth social networking service 900 Seconds is based in Palo Alto, CA and run by a former Epinions marketing director. Investors include Trinity Ventures and Sutter Hill Ventures.
Mark Brooks: After News Corp. picked up Myspace (and accoutrement companies) a little VC feeding frenzy has ensued. Valuations are very rosy for niche dating sites and (viral) social network startups. The market will follow the same trajectory as online dating sites with many niche sites being formed around geographic areas, interests and next generation (read, web 2.0) functionality.