UK Broadcaster Turns Angel, Backs GymFu And School Report Card

Published by Tech Pundit | Filed under Tech, Technology News | December 1st, 2009

It’s interesting that Channel 4, a UK public sector broadcaster has set up an investment fund to back startups. It’s even more interesting that the 4iP fund will tomorrow announce seven new investments totaling $830,000 as part of its mission to kick-start new investment in public service-oriented digital media. This is a bit like PBS investing in startups which can a) contribute to the public good and b) create an exit which pays back the investment far more than a traditional investment.

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UK Broadcaster Turns Angel, Backs GymFu And School Report Card