Tuesday, April 19, 2011

Bezos Gets Exit At Social Gaming Network

Jeff Bezos is having a very busy exit week for his portfolio companies, via his Bezos Expeditions venture investments arm. According to a report today, one of his investments--Social Gaming Network, based in Silicon Valley--has just been acquired by MindJolt, an online gaming service run by MySpace co-founder Chris DeWolfe. Financial details of the buy, reported by the New York Times, were not announced. Bezos had two exits yesterday--one at social media firm Kosmix, acquired by Walmart, and another at Pelago, the maker of mobile social networking software Whrrl, which was acquired by Groupon.