Archive for October 2nd, 2006

Podshow’s Second Round

Monday, October 2nd, 2006

As many of you know, I was at PME this weekend and, of course, saw the Podshow funding announcement just as things were getting started…. If — between now and the tipping point — they can launch/break a few rock stars that were previously unknown to the world (and I think some of them are there in the network already, at least potentially), then their position is set. All they gotta do then is wait until the tipping point and bam — for 15 million dollars DAG Ventures just bought their way into a sizable chunk of a new record label.That $15 million (or, rather, their chunk thereof) was the cheapest investment they ever made.