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For Web, Funding Drought
Monday, October 13, 2008
The economic crisis that has frozen credit, toppled banks and sent consumer confidence plummeting worldwide is about to wreak its havoc on the online-video investment sector. That’s the conclusion of venture capitalists and other experts who are betting the flow of venture money into online video is about to dry up. Venture capitalists poured $461 million into online video services and software ...
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