Justin Bieber Invests In Teen Focused Social Network
According to Fortune, Bieber was part of a group of investors who ponied up $1.1 million to get the "teen focused" social network Shot of Medeveloped by social mobile gaming company RockLiveup and running. The site is scheduled to go live before the week is out.
Also among the investment group: actor Omar Epps and undefeated Detroit boxer Floyd Mayweather Jr., whom Bieber (along with rapper Lil Wayne) recently escorted into the ring before he beat Mexican fighter Canelo Alvarez in a high-profile Las Vegas bout.
"We got to know Justin after he began playing our games and tweeting about it," RockLive CEO John Shahidi told Fortune of the singer's investment. "He's been very involved in our products, helping us test things and providing feedback When we told him that we were looking to create a social network for teens that really addresses what they aren't getting on other networks, and which tries to deal with things like cyber-bullying, his eyes just lit up." more on this story
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