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March 06, 2007
Eventpreneurs Hot House Fund Is For You
Here's something a bit different. Reed Midem, the Paris-based conference organizer has set up a venture fund for budding event and confab founders. It says the Hot House fund will invest a maximum of €400K per project, in return Reed MIDEM will take a share in the company and an option to acquire a controlling stake after three years.
The company is most famous for its media conferences MILIA, MIPTV, and MIDEM. Its web-site lays claim to a couple of real estate confabs too.
We're not sure what to make of the need for a fund like this. Could it be that even event organizers are not clear where the market is going and what kind of companies or industries are to drive the market? So this would be a way of seeking input from front-runners.
Are they asking themselves: is it user-generated-TV-content or is TV-generating-Internet content (a la King.com) or is it TV and rich media on mobiles, or maybe we should be tapping cleantech? If we hear more about the rationale behind the captial, we will publish an update.
View Hothouse
Posted on March 6, 2007 07:05 PM | Posted to News And Updates | Permalink
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