From nobosh.com
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Despite its current financial troubles and continued layoffs Forbes Media has bought FlipGloss a photo publishing and online distribution platform. Terms were not disclosed. The site has been funded by Forbes since its founding in March 2008. Forbes COO Tim Forbes has advised the company. Other advisers have included Forbes minority shareholder Elevation Partners and Launch.com foundersformer Yahoo Music GMs Dave Goldberg and Bob Roback.
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