Looking for Penguins

" ... other Club Penguins could be out there in the B.C. digital wilderness. "We continue to be excited about 3D [Internet worlds]," said John Borchers of California-based Crescendo Investments, which has $650 million to invest in new companies, particularly digital media. "3D Internet has a long, long way to go. The challenge is to find out which models are going to be successful and how an investor can make money." The investment panelists said they're always interested in new ideas, but any digital entrepreneur seeking venture capital must remember that investors look for something that will strike a nerve with consumers and make money. "We're in the business of being open-minded . . . but at the end of the day we have to ask, 'Is someone at the other end going to get some utility from this?'" said Steve Hnatiuk of Yaletown Venture Partners which will invest anywhere from $200,000 to $2.5 million in a digital media company. "We don't want to chew through $10 million or $20 million on an experiment."http://www.canada.com/vancouversun/news/business/story.html?id=0f0ef67b-6f55-46f9-a63e-73163373388d