Big media companies are interested in investing in social media startups. That’s why corporations like Amazon, Facebook and Comcast have gotten together to form the “sFund”, a $250 million fund for investing in social media startups. Both financing and counseling will be provided to social media entrepreneurs who show promise in the rapidly growing social Internet space. Read the full story on reuters.com
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.