In this morning's otherwise sleepy session the "brave new world" of entrepreneurship at Supernova, Vipin Jain of Retrevo offered the analogy first — that for startups, attracting venture capital is like dating. "When you first start there’s some excitement. Then, the unknown!" Jim Greer, CEO of the epic timewasting Flash-game site Kongregate jumped in:
Kongregate, a sort of YouTube for Flash games backed by Amazon.com founder Jeff Bezos as well as Greylock Partners, will adapt some of its 4,500 games to Facebook's platform this week, Kongregate CEO Jim Greer told Inside Social Games. Kongregate makes money, or tries to, through advertising it shares with third-party game developers. Facebook doesn't need more gimmicky games, but with other widgetmakers like RockYou and Slide asking for (and getting) nine-figure valuations, don't expect the deluge to let up any time soon.