CMGI of Wireless

from the getting-serious-about-cutting-the-wires dept

This is a day old, but it hasn't been posted on TD and I think its worthy. High level Microsoft and McCaw alums have formed Ignition Corp, a company they hope to be the CMGI of wireless ventures. They are starting with a $140M fund. The money is being contributed by the 8 founders and partners such as Qualcomm, Softbank Venture Capital and Madrona Ventures Group. All right, so where do I sign up for some of that $$$?

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  1.  

    I avoided posting on purpose

    icon
    Mike (profile), Mar 10th, 2000 @ 2:32pm

    I actually chose not to post it as I thought it was more of a non-event. Okay, so a lot of well known execs form a VC firm focusing on wireless - but there's no indication of what they're actually going to do or if they'll be any good at it. If anything this strikes me as a lot of hype and very little substance. I'll be more interested in seeing the deals they actually do and if they make any sense...

    reply to this | link to this | view in thread ]

  2.  

    Re: I avoided posting on purpose

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    Brian, Mar 10th, 2000 @ 7:23pm

    Or was it because SparkPr is doing their PR? Ha!

    reply to this | link to this | view in thread ]


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