Dan, the Money Man
According to London’s Sunday Times, as reported by Rafat Ali, Dan Wagner’s venture capital company, Bright Station Ventures has invested $4.5 million in the U.K. blogging company, Shiny Media.
Anybody else remember Bright Station? That was the successor company when Dan sold Dialog/DataStar to Thomson in 2000 for $275 million. At the time, Bright Station announced it had three main business units: web services, etrading, and an Internet venture division. The first two pretty much became the present company venda, but we didn’t hear much about anything vc related until now.
It’s also interesting to note that in December 2006, venda itself received $20 million from venture capital firms Investor Growth Capital and GF Private Equity. Interesting times at St. Martins Lane.