VCs spend how much time on online video? (via the Merc)
“I now spend about 60 percent of my time’” looking at video-related start-ups, said investor Mike Maples, who manages a $15 million microfund.
Venture capitalist Jim Breyer of Palo Alto-based Accel Partners, which has already made a number of bets on online video, is also focused on finding breakout video models. “Two years ago, I spent 20 percent of my time on the space. Today, I’d say I spend at least a third to a half of my time.”
Sounds like a pretty sweet job. (True that. Double true.) However, we’re not convinced upping the daily eyeball count constitutes a business model.