In my view this is an excellent investment. Podshow is going from strength to strength and I expect investors over time will get a health return for their money.
From the article
Rumors had been floating around the DEMO conference that this deal might get even larger, but Ray Lane of Kleiner Perkins assures me that $15 million is all for now. He also acknowledges that PodShow has become a bit of a VC bellwether for the podcasting market, as its original funding was soon followed by deals for companies like Odeo and Podtech.net. In other words, expect additional podcasting deals to come down the pike shortly. Be interesting to see when the first exits occur
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Friday, September 29, 2006
PodShow Gets $15 Million Venture Capital Investment
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