Gina Bianchini, No. 48 on B2.0's 50 Who Matter list, is smiling now. As Ning's main backer Marc Andreessen reports, the startup has just raised $44 million from Legg Mason and others. Andreessen threw some more of his cash into the venture as well. Ning lets people build their own social networks, and 73,650 have done so to date. (Many of those social networks have only the person who built it and his dog as members, but that's another story).
Here's a CNN video about Ning where I explain how Bianchini made it on the list.