In Brief: Aug. 28, 2000

RISKY BUSINESS The clubby world of venture capital has gone retail. Recently a closed-end mutual fund--the meVC Draper Fisher Jurveston fund--began trading on the N.Y.S.E., allowing investors to bet on the kinds of long shots VCs do. The focus of meVC is on private and pre-IPO companies. But VCs get big cuts, and with annual fees of 2.5% and 20% on realized gains, you'd better pray one of the 12 tech companies it's invested in becomes the next Cisco.

KEEPING TABS Letting the rent go this month? That could cost you down the road. Rentport Inc. is collecting data from landlords...

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