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41%  
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Keyword: investmentcapital

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  • Venture capital firms buy into Curry's PodShow [$8 million+ for ex-MTV VJ Adam Curry's podcast co.]

    08/17/2005 6:08:39 PM PDT · by summer · 8 replies · 302+ views
    The business of podcasting has just garnered some of its first serious venture capital. According to a press release from PodShow, Inc., three investment capital firms have bought an undisclosed share of Adam Curry's and Ron Bloom's new business venture that seeks to commercialize podcasting by aggregating the "large and disenfranchised audience" of podcast listeners. Kleiner Perkins Caufield & Byers, Sequoia Capital and Sherpalo Ventures have bought into PodShow, Inc., for $8.85 million, according to the press release. In the statement, PodShow, Inc., said, "With its new infusion of capital, Management expects to announce additional features, programs and technologies that...