Social Media is Target of Venture Capitalists
Venture capitalists have long been investing in the technology industry, and with the explosion of social media their investing has only increased. Some of the biggest success stories are facebook, myspace, and youtube, facebook and myspace are social networking sites and YouTube is a site allowing users to upload their own videos (see Gorilla Trades‘ video tutorial). These interactive sites needed funding when they were just gaining popularity, and within a few short years they have all sold at least some of their shares for hundreds of millions of dollars. These were obviously great investments for their respective venture capitalists. With the exponential growth of the internet you can bet that there will be continued VC investments, all looking for the next facebook or YouTube.
Related posts:
- Medical Devices Venture Capital: Top Venture Capitalists and Ceos on Valuations, Funding, Growth, and Exit Strategies …
- Venture capitalists’ investments climb
- Now, venture capitalists eye the real pie
- Arthur Trueger Invests in the Community
- Waterfront Media Closes $25 Million in Series D Financing Led by Scale Venture Partners