For the past two years, a staff of 800 people has been compiling the names and connections of the business executives who run the universe, reports The New York Times. The result is similar to LinkedIn in that you can search for a person, and see your mutual connections. (Perhaps your best friend, the chairman of the Federal Reserve, serves on the board of the Museum of Modern Art with his nephew, a billionaire hedge fund manager.) Now you know exactly how to go about getting in touch!
In a column for Reuters, respected financial journalist Felix Salmon called it "the social network you can't opt out of."
But there's no way to contact individuals through the site, and so the company says it is not a social network. Rather, it says it offers, according to a press release, "Robust relationship mapping functionality that enables discovery of unique access points to these people and their organizations."
RelSci is the brainchild of Neal Goldman, co-founder of the financial database service CapitalIQ. And apparently a lot of people liked it. Goldman raised $60 million to fund the operation -- $6 million in just three days. The database is still in beta, the Times reports, but financial firms and investors are already clamoring to get a piece of the action.
So next time you're on LinkedIn, and thinking, "This is helpful and everything, except for all these not rich and powerful people clogging up my contacts," take off your sad hat, and take a puff your cigar. The solution is finally here.
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