Government’s ‘exemplar’ hits right notes with InTune investor
Irish Times, July 23, 2010
Boston-based venture capitalist Todd Dagres has high praise for the Irish initiative to create its ‘exemplar’ network, for a bit of an insider glimpse of what tomorrow’s internet might be like, you could do worse – a lot worse – than pay a little attention to where Boston-based venture capitalist Todd Dagres puts his money.
Dagres, one of the most highly ranked VCs in the US, launched a successful VC career with a $12 million investment in dotcom-era media content delivery company Akamai, which went on to make several hundred million for then-employer Battery Ventures.
His current company, Spark Capital (which he co-founded), has a significant stake in Twitter, a second-round investment of around $35 million taken when Twitter had less than a million subscribers. It’s an incredible company with enormous scope for monetising subscribers, he says. He’s very bullish on social media, noting that the point with social media firms is getting that explosive subscriber growth.
