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June 16, 2004

BONO the Venture Capitalist

What else can U2's vocalist do? He is very active in dealing with social issues that affect third world countries and is all over the place giving lectures and meeting with decision makers from every corner in the world. Do not forget he's also busy recording the new U2 album coming in early 2005 maybe even earlier and a world tour to promote it.

Now and after amassing millions of dollars during almost 20 years in the music business, Bono decides to join a venture capital firm from silicon valley, perfectly named Elevation Partners...how sweet.

I have always said that Bono is in a league of his own and with this last move I hope it sends a message to other rock stars wannabe's in how to stay atop your game and keep the money making money.

What I like the most about this new venture is that the firm has good people from both the music, video gaming industry and computing with Bono a guy from Electronic Arts and another from Apple. Very nice mix.

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