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Raising money requires serious negotiating skills, especially when it comes to dealing with crafty, demanding venture capitalists.
I'm not talking about whiny Millennials coming out of college and demanding venture capital for their iPhone app.
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The service, built from the assets of ITV, Channel 4 and BBC Worldwide's defunct Project Kangaroo video-on-demand venture, will start a closed, invite-only trial tomorrow.
Mr. Minor has dubbed his new entity the On Demand Venture Fund.
SeeSaw was launched using the assets of ITV, Channel 4 and BBC Worldwide's defunct video-on-demand venture Project Kangaroo, which Arqiva acquired for about £8m.
It has built SeeSaw using technology bought from Project Kangaroo, a video on-demand venture between BBC Worldwide, ITV and Channel 4, blocked on competition grounds.
There are a number of relatively new video-on-demand sites like Intertainer, CinemaNow and the forthcoming Movielink, an Internet video-on-demand venture from five major movie studios.
Arqiva, which handles TV and radio transmitters for most UK broadcasters and is a partner in the BBC-backed YouView video-on-demand venture, has hired former senior ITV manager John Cresswell as its new chief executive.
The company, which handles TV and radio transmitters for most UK broadcasters and is a partner in the BBC-backed YouView video-on-demand venture, launched SeeSaw in February last year.
C1 Two From Enron Charged Two Enron employees were charged with engineering a fraud that generated more than $100 million in revenue from a nascent video-on-demand venture, which ultimately failed.
Unlike an ETF, which can expand or contract elastically with demand, venture firms are raised once and spent over a period of years, typically five years of active investment with an additional five years for monitoring and management.
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