iFund offers iPhone Devs a $100M Leg Up

Alongside Apple’s launch of its device development equipment and roadmap for its iPhone 2.0 beta software Thursday, Apple’s CEO Steve Jobs offered a “one more factor” announcement — a $100 million private investment fund earmarked only for iPhone and iPod touch development efforts. Dubbed the “iFund” by means of the undertaking capital agency Kleiner Perkins Caufield & Byers, the cash will be invested in corporations which have “market-altering ideas and merchandise that stretch the progressive new iPhone and iPod

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