Blogging, B5 Media and VCs

Keywords: Jeremy Wright

b5media takes $2m in VC funding
"b5media, one of the larger blog networks, has accepted $2m or so in VC funding from Brightspark Ventures and J.L. Albright Venture Partners."
Source: The Blog Herald

My rant:
$2 million for what? Rick, what do you invest in? Technology, content, talent? What is B5 media good at? Am I the only one that doesn't get this deal? What's the USP (unique selling proposition)? Most blogging networks could be described as boring and lame... Lots of copycats... Where is the innovation? Nothing new after Nick Denton and Jason Calacanis. Anyway, Jeremy is a smart guy and I hope he could create something new.

I believe the future belongs to aggregators like Seeking Alpha.
http://seekingalpha.com/

prominent bloggers + useful features (transcripts) = good content

Something Jeremy could be interested in:
The European blogosphere
http://www.eu.socialtext.net/loicwiki/index.cgi?the_european_blogosphere


Rick Segal:
"Dimitar,

Correct. Talent, Technology, Content, Vision, and Ideas. Those are the things we invest in.

It is early days and, again, correct, we have lots of boring/lame stuff out there. Jeremy and crew are smart and creating something new is the hallmark of a great start up and (hopefully) a great start up investment."


Jeremy Wright:
"And Dimitar, thanks for the link - local content and local bloggers is something we are very, very interested in.

In terms of 'new', I'd rather let our actions do the talking. So feel free to check back in a few months, or drop me a line - I'm always interested in chatting strategy with smart people :)"
Source: The Post Money Value

Corporate site:
b5media.com

Blogs:
The b5media recap - The Blog Herald
b5media VC Roundup - Technology, Blogging and New Media
b5media: building global neighborhoods - Naked Conversations
The bubble is coming back - The Paradigm Shift

Interview:
Interview with Jeremy Wright, CEO, b5media - CenterNetworks

Audio:
The Profession of Blogging - IT Conversations
Aaron Brazell & WordCamp 2006, Part 1 - The Blog Herald
Aaron Brazell & WordCamp 2006, Part 2 - The Blog Herald
GDAY WORLD!!! #148 about Reeltime and blog architecture - TPN
Interview with Duncan Riley - The Blog Herald

Video:
Mad Mojitos at the Ritz: talking tech with CEOs from B5 Media and SmugMug - ScobleShow/Podtech.net

Images:
Jeremy Wright - Flickr