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Path Loses Execs, Finds Fresh Capital

The bad news for Path is that the mobile social network is losing two executives -- business head Matt Van Horn and developer Nikhil Bhogal -- to other endeavors. The good news is that the startup is reportedly close to raising some much needed capital in the range of $7 million. Summing up the startup’s existence, TechCrunch writes: “It’s been a long, hard road for Dave Morin’s Path, as it has seen lagging growth in a tough … social market.”

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