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Silicon Valley moguls provided the brainpower and financing for a company that could make Cory A. Booker, the Newark mayor and United States Senate candidate, very rich.
Mr. Booker personally has obtained money for the start-up, called Waywire, from influential investors, including Eric E. Schmidt, Google’s executive chairman. A year after its debut, Waywire has already endured a round of layoffs and had just 2,207 visitors in June, according to Compete, a Web-tracking service. The company says it is still under development.
