Friday, October 18, 2013

New Silicon Valley Fund to Back Big Data Start-Ups - NYTimes.com

Small investments for big data start-ups? (See the full article for details)
"In an announcement on Thursday, Big Data Elite described itself as a venture lab and early stage fund that will offer a six-month program beginning January 2014. The fund will choose 10 start-ups or individuals from a list of 20. Those chosen will work a Big Data Elite’s offices in San Francisco and will have access to advisers who work at Facebook, Zynga, Netflix, LinkedIn, Riot Games and a handful of other companies that rely heavily on data analysis.
The co-founders, Stamos Venios and Tasso Argyros, the founder of Aster Data, said they wanted to build a bridge between Big Data entrepreneurs and Silicon Valley’s investor community."
New Silicon Valley Fund to Back Big Data Start-Ups - NYTimes.com
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