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The Boston Globe

Business

Social media ignites Spark Capital

Back in 2008, when Twitter had few users and even people in the technology sector were wary of its use, Boston venture capitalist Bijan Sabet gave the fledgling social media company millions of dollars.

Already avid users of Twitter back then, Sabet and his colleagues at Spark Capital on Newbury Street seemed to grasp the potential of the 140-character communications tool when others dismissed it as a fad. Indeed, Sabet was one of the venture world’s early believers in social media, and now that faith has been rewarded with fortunes several times over.

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