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Interview: iFund Manager Matt Murphy Says “The iPhone Is the Place To Be” (CBS News)

Earlier this year, Apple (NSDQ: AAPL) surprised us all when Kleiner Perkins Caulfield & Byers announced it would support the iPhone by creating a standalone $100 million iFund focused on making investments in companies building iPhone applications. Six months later, KPCB has written five checks, and the iPhone has turned out to be a dynamic marketplace with millions of applications being …

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Original post by Yahoo! News Search Results for iphone and software by Elliott Back