186 posts and columns on partner
News Byte$51 million fund that the venture firm recently announced that will be aimed at high-growth opportunities in social, e-commerce, digital media and software-as-a-service startups in New York. (You can read a sharp post Guttman recently penned for AllThingsD on native advertising here.)
News ByteFormer News Corp digital head Jon Miller has joined Advancit Capital as a partner. Advancit is an early-stage investment firm that was started two years ago by Shari Redstone and Jason Ostheimer; Redstone is the daughter of Sumner Redstone, director at CBS and Viacom, and president of National Amusements. Advancit has made several dozen investments over two years, many in the online media and entertainment arenas, including Maker Studios, Oyster and Circa. In 2011, a regulatory filing noted that the venture firm had raised $3.2 million. Miller — who used to work at Viacom, where he met Redstone — is the first non-family partner at Advancit.