Portfolio Track the results of Mr. Markets' mock portfolio. You're right, that doesn't make any sense. The name will be Grover Street Ventures and the purpose will be, you guessed it, to fund internet companies. In its press release, Cybershop said their was opportunity elsewhere in the internet. With the venture capital company they will take advantage of rising stock prices.
Venture capital is in demand more now than ever before.
Cybershop is a munchkin comparatively however. Perhaps it is a sign of things to come. Look for consolidation, mergers and flat out shop closing because only winners win. All rights reserved.