VC funding target for fall 2004: social software companies

VCs are frequently compared to lemmings or sheep, both metaphors describing their tendency to operate in herds and to all run towards one type of business or another relatively in sync. is covering this season’s popular fundees – social software companies. More here.

For those who don’t know, we have our very own home-grown in Vancouver BC, Canada company called which I wrote about here. Let’s hope they too get funded the way they should!

Another one is Dick Hardt’s stealth startup, Sxip Networks, which is working on the mechanics of identity that is very much tied into social software at the foundation level, or rather, will be at some future time.