VCs see opportunity in blogosphere

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While investing in companies that produce blogs has been common, funding individual ones is a new twist.

The story "VCs see opportunity in blogosphere" published August 21, 2006 at 8:31 AM is no longer available on CNET News.

2 comments

What to spend the money on???: I wonder what they needed the funding for? Last time I checked, a blog was pretty inexpensive to operate.

Best of luck to them. It goes to show how the world on media is changing!

- Bryan
<a class="jive-link-external" href="http://www.BryanCFleming.com" target="_newWindow">http://www.BryanCFleming.com</a>
Posted by bfleming98 (31 comments ): August 21, 2006 10:56 AM (PDT) Like Reply Link Flag

Reporting on the news vs creating the news: From reading this article (and thats all I have to go by) it looks like HuffingtonPost is made up of quality journalists doing traditional news gathering but delivering it through a blog service. So, it is a traditional media business with a different front end. I expect the big media organisations to get their act together and start seriously delivering their content in a similar way to compete.
Posted by ahickey (177 comments ): August 22, 2006 5:23 AM (PDT) Like Reply Link Flag

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