Shots of Me: Justin Bieber Invests $1.1M in New Teen Social Network

A mobile app developer is behind the startup

   

Shots of Me: Justin Bieber Invests $1.1M in New Teen Social Network

Bieber 300x225 Shots of Me: Justin Bieber Invests $1.1M in New Teen Social NetworkCanadian pop sensation Justin Bieber has taken a stake in a new social media network.

Shots of Me, which launches later this week, is aimed at teens — Bieber’s primary audience — and is run by the development team behind RockLive’s mobile gaming apps. The popular singer has reportedly invested $1.1 million in seed financing for the new social media platform, Fortune notes.

money stacks hundreds 630 200x200 Shots of Me: Justin Bieber Invests $1.1M in New Teen Social Network
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RockLive’s CEO said that Bieber had been a supporter of the company’s social gaming apps for years and was eager to back to new startup.

The company has raised $2.7 million in seed financing for the venture.

Bieber has already demonstrated online muscle, attracting 46.5 million Twitter followers.

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Article printed from InvestorPlace Media, http://investorplace.com/2013/11/shots-justin-bieber-invests-1-1m-new-teen-social-network/.

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