Silicon Valley Reporter's Tom Foremski reports:Jim Moore and John Palfrey have launched RSS Investors with $100m of capital. It is the first VC fund with a focus on Really Simple Syndication, (RSS), the syndication technology at the heart of media technologies such as blogging and corporate news communication.
This shows that at least in some sectors, venture money is getting smarter after several years of demonstrating it had less vision than Ray Charles.
I also heard from a pretty reliable source that Kleiner Perkins Caulfield & Byers, an esteemed VC firm that has always had the smartest of teams, will soon start podcasting. To my way of thinking, that would be more valuable than an hour with Dawn and Drew.