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EcommerceBytes-NewsFlash, Number 2296 - May 27, 2010 - ISSN 1539-5065     Previous | | Next
Steve Case Invests in Online Marketplace for Wine Collectors
By Ina Steiner
EcommerceBytes.com
May 27, 2010




Revolution LLC, the investment company created by AOL co-founder Steve Case, has invested in Vinfolio. The Vinfolio Marketplace offers consumers a channel to buy and sell hard-to-find wines, manage wine collections, and share their ratings and opinions with others. Philippe Bourguignon, an eBay Board member, will join the Vinfolio Board of Directors along with Revolution's David Golden.

Bourguignon said, "As an eBay board member for the past decade, I experienced firsthand the power of using the Internet to build bridges between buyers and sellers. Vinfolio's potential to simplify the market for consumers and become the go-to marketplace for fine wine buyers and sellers is significant. We look forward to working closely with them as they capitalize on the opportunities."

Vinfolio gives individuals the option of selling wines via the Vinfolio Marketplace or Fixed-price Auctions. More information can be found on the Vinfolio website.

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