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Betaworks Uses Creative Methods to Find and Fund the Next Big Idea

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This story appears in the October 2012 issue of Entrepreneur. Subscribe »

Don't call it a venture capital fund, an accelerator or even an incubator. None of those terms apply to Betaworks. It calls itself a "maker," scaling germs of ideas into companies that are the future of the social web. That may sound bombastic, but this New York City firm has the cred to back it up--heard of bitly, TweetDeck, Kickstarter and Tumblr?

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