 Zivity is an adult content social network and user generated content site (they call it “Promoting Beauty 2.0″). It has the distinction of being one of the first adult content startups to be backed by venture capital via a $1 million seed round in 2007, and it caused quite a stir at its official launch at TechCrunch40. As we mentioned last month, mainstream press is starting to pay serious attention to them.
The company will announce a new $7 million round of financing in a deal led by both BlueRun Ventures and Founders Fund. The company has now raised a total of $8 million. The social networking experience that these VCs add is substantial. Founders Fund is an early Facebook investor. Both are investors in Slide. John Malloy of BlueRun Ventures and Luke Nosek of Founders Fund join Zivity co-founders Scott Banister, Cyan Banister (who also models for the site) and Jeffrey Wescott on the company’s board of directors. We've known for months about this, and as photographers, we've joined and used the system. WHAT DO WE THINK OF THIS? The business model is going to have to change. The problems they are TRYING to solve is somewhat real, but the solution they offering will not work. It will FAIL and probably morph into something different at some point. We consider our modelvanity brand a superior platform once we're up and running fully.Labels: beauty 2.0, porn, zivity |
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