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Kleiner, Sequoia go podcasting...with Podshow

podshow.gifDan Primack has the details on the funding of Podshow. It is not a local company, but is the latest venture backed by Silicon Valley powerhouse venture firms, Kleiner Perkins and Sequoia Capital.

...it's worth noting that the iconic venture shops have participated in an $8.85 million Series A round for PodShow Inc., according to a regulatory filing. For an added bonus, both John Doerr and Ray Lane have taken board seats, joining both Jerry Newman of Bear Stearns and omnipresent angel investor Ram Shriram (Google, Plaxo, Zazzle, etc.), who is representing shareholder Harris MyCFO Inc.

PodShow is a Miami Beach-based company focused on the development, management and promotion of online audio programming, with an obvious focus on the podcasting phenomenon. It....was launched last year by Ron Bloom and "The Podfather" Adam Curry (who was the MTV VJ with whom I grew up).

We last mentioned PodShow here.

Update: And local competitor Ev Williams annnounces his company, Odeo, has received Silicon Valley venture backing too.


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Comments

i must be the only moron on the planet who does not believe the hype.

filodo on August 10, 2005 10:47 AM
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Nope. Not the only one... but it does seem like a small group.

Someone on August 10, 2005 11:34 AM
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Pingback from Podcast Podium 播客宝典http://www.hopesome.com

Hopesome on August 10, 2005 11:35 PM
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Radio ads have always been very effective. They'll sell ads on the podcast broadcasts. It's a sound business model.

Jack on August 11, 2005 12:38 PM
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interesting. Sequoia and KP rarely go in together on a deal (wasn't Google the last exception?). hype factor on podcasting must be pretty high... emphasis on 'high' ;)

Dave McClure on August 17, 2005 6:48 AM
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hi

car insurance online quote on June 30, 2006 10:17 AM
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