In the wake of Facebook’s $1 billion acquisition of Instagram, photo sharing is the hot new space. Tobey Maguire, 36, got in early on Mobli, a site that lets users share photos and video. “I’m passionate about the way technology can empower us all to be storytellers,” says the actor.
He invested in Mobli earlier this year after his friend Leonardo DiCaprio took part in a $4 million round. The site has yet to turn a profit, but 20,000 new users are signing up every day, and, as Instagram proved, when it comes to buyouts, users are more important than revenue.
(courtesy of Forbes.com)