Even though PlanetOut, the GLBT portal, has reached profitability, soem VCs are nto too happy: “Investors have poured more than $60 million into what is a glorified personals site,” said Henry E. Scott, a principal in a media venture capital fund and the former president of the former holding company that published Out magazine.
“Early on, there were great visions for what this was going to be,” Scott said. “Apparently, they
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