3 Comments

Summary:

ELDR Media, a SF-based firm developing content for the “affluent elders”, has raised $1.25 million from various angels via the Bay Area Keir…

ELDR Media, a SF-based firm developing content for the “affluent elders”, has raised $1.25 million from various angels via the Bay Area Keiretsu Forum. The company offers original content in areas like health, travel and technology. Its CEO and founder Chad Lewis was previously the founder of AgeSong, a management company for elder housing communities. The funding will be used to hire a sales head and expand its reach. Release.

  1. is this really a smart investment from angels? i'm pretty skeptical on this one. it seems ELDR may be a bit ahead of its time…

    Share
  2. Seems pretty wise given the aging population, no? Actually I would guess that given the number of baby boomers who have been taking from the economy, expect to have social security and the longevity issues– they should have raised more money to shoot for the moon (vs. the grave.)

    Share
  3. aging population, yes. i'll give you that. just not sure if it's really going to take off in the short term. i feel like $1.25M might not be enough to float the boat until the 60+ community is big enough to make it really work big time.

    Share

Comments have been disabled for this post