Wednesday, May 21, 2008
Disney Seeks Another $200 million for its Third Steamboat Fund
Just as the headline says, Disney is sourcing $200 million to fill-up its third fund as part of its Steamboat Ventures venture capital arm. Focused on the European market with specific interest in digital media companies, it's a fun VC firm to watch. Ranging from social networking start-ups to mobile services, Steamboat concentrates its investments on those, not surprisingly, that leverage its parent company's empire. C'mon; admit it. You love their logo too.
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