The Latest VC Niche: Porn
from the filling-a-gap dept
There are plenty of venture capital firms that pick a particular niche in which to focus their investments, whether it's something like nanotechnology or pharmaceuticals or wireless. But apparently there was one niche left untouched: the adult industry. Hence AdultVest, an online investment community designed to foster investment in porn and other adult businesses. Given the proliferation of online porn, it wasn't obvious that the industry needed outside money to grow, but perhaps the business just wants to do its part to build up bubble 2.0. One final question: if porn VC firms grow, will they take on porn-film-like names spoofing those of mainstream VC investors?