Legendary venture capitalist Fred Wilson is betting $5 million the world needs another video media startup. He explains how The Recount could quickly become a profitable, $200 million business

Business Insider

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· Successful venture capitalist Fred Wilson has invested $5 million in John Heilemann and John Battelle's media startup, The Recount, which sums up the day's politics news in short clips.
· He not only believes the world needs another video media startup like The Recount, but he sees it becoming a profitable, $200 million...

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