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Zero Degrees – Profile

August 30, 2004

HQ: Santa Monica, CA
Founded: 2003
Management: An unusually large number of co-founders – six dudes from LA with eclectic approaches to getting rich on the Internet.
Investors: Barry Diller’s InterActiveCorp. purchased ZeroDegrees in March 2004 after the company was in business just six months. Interactive also owns and Evite which have developed social networking tools.
Business Model: Business social networking that is very similar to Linked-In but without the big network or buzz.
Competitors: Linked-In, eCademy, Networking, Tribe, and Spoke Software.

Dirt: Guys sold out quickly to Diller for a song and its not paying off for anyone. The a:c has it that Zero Degrees will soon be launching a private label version. They will make their money off of premium gold and silver passes.


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