Path Gets $8.5 Million. Ahem! Why?

Path, the San Francisco-based company that makes a photo sharing app has raised $8.5 million in new investment from KPCB and Index Ventures. That's a lot of money for a company that has little traction or not even a hint of a business model.

Melissa Rycroft Chloë Sevigny Janet Jackson Georgianna Robertson Reese Witherspoon