Zero Degrees – Profile
HQ: Santa Monica, CA
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 Match.com 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, Monster.com 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.