Well here you go. If you are a PMC or PSC and interested in delving into the social networking realm of business, then this is the company to hit up. Be sure to request the services of Chris Hughes as well, and be the first to start a non-profit, PMC or PSC built around a social networking site. –Matt
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Facebook Founder to Join General Catalyst
Twenty-five-year-old Chris Hughes’s extensive resume includes online fund-raising for Barack Obama.
Boston – March 18, 2009
By Robert Weisman
Globe Staff / March 18, 2009
Chris Hughes, a founder of Facebook Inc. who later deployed the website My.BarackObama.com to build an online network for the presidential campaign, will be joining the Cambridge venture capital firm General Catalyst Partners as an entrepreneur in residence.
The move, set to be disclosed today by General Catalyst, is a part of the firm’s effort to build a new generation of digital media and social-networking start-ups on the East Coast, particularly in Boston and New York.
General Catalyst, a nine-year-old firm with $1.8 billion under management, is currently investing a $715 million fund in early-stage software, new media, and clean energy companies.