March 18, 2010 5 Comments
by Elias Shams
I have been following AOL on and off since their new CEO, the former Googler, Tim Armstrong took over a year go. It does look like he has been kicking ass and taking names since his take over! The company which has been doubling down on its own local efforts past several months, is now setting up a $10 million venture capital fund to invest in the local space – specifically “local content” services. The new venture fund headed by Jon Brod which operates as part of AOL Ventures will be targeting early-stage startups developing complementary technology and services with a local focus.
Did you hear that DC and NYC startups in “local content” space? read more…