What Would You do with $900M ?
As I was riffing yday' all this small round 2.0 angel funding is put in perspective when you think about $900M of Motorola and Intel funding for WiMax infrastructure. It's probably an amount close to aggregate VC funding for the Web 2.0 sector. The lucky company is Clearlight.
Cnet : "Deploying a nationwide network takes a lot of capital," said Sriram Viswanathan, vice president of Intel Capital. Viswanathan said the funds also will be used for customer acquisition and acquiring spectrum."
Cnet : "Deploying a nationwide network takes a lot of capital," said Sriram Viswanathan, vice president of Intel Capital. Viswanathan said the funds also will be used for customer acquisition and acquiring spectrum."
posted by redbarren at 9:07 PM
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