VC Facebook Ad

March 13th, 2009 by Eric

Shotput Ventures - Facebook Ad


Normally like a lot of people, I don’t pay attention to banner ads on sites like Yahoo or even Facebook. However, this one in particular, peeked my interest. I think this is perhaps one of the first times I have seen a Venture Capital firm with a banner ad. On a portal, on a social network. Anywhere.

My first reaction: Oh. how times have changes!

Shotput Ventures is thinking different and using social advertising in Facebook to generate leads. It’s an interesting technique and I’m sure it will certainly get some dealflow. Below is the info from their website:

Applications are open! Please apply now.

Shotput Ventures is launching in the summer of 2009 in Atlanta. Please read our FAQ, learn more about our team, or browse the press articles.

We invest $5,000 per team and $5,000 per founder as part of a coordinated program that will have eight companies in the summer of 2009 in Atlanta.

Source: Shotput Ventures

There seems to be no shortage of people working on creative ideas. And in parallel, there seems to be no shortage of people working on investing in those creative ideas. Capitalism lives on.

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