March 04, 2008
Wireless Hollywood VC
William Morris Agency and venture capital firms Accel Partners and Venrock are looking to invest in digital media start-up companies based in Southern California or elsewhere, with AT&T as a limited partner. AT&T is looking to invest in technologies that will make it easier to run ads on mobile and hand-held devices, as well as to nurture social networks like Facebook. Investments are likely to be as small as $250,000, the founders would also consider financing companies that need millions of dollars. More..