AOL which is doubling down on its own local efforts—is now setting up a $10 million venture capital fund to invest in the local space. The company cites the “increasing number of startups” in the market as driving the creation of the fund, which will operate as part of AOL Ventures. Also likely not a coincidence: AOL Ventures head Jon Brod joined the company via its acquisition last summer of hyperlocal news startup Patch.
|
startupbug.com - are you bitten by startup bug? - |
top news or
fresh stories
topic » news » help » videos » books » jobs |
submit a new story register | login |
|
|
|
Who Voted for this Story |
Proudly Hosted by: Worria