International news agency Bloomberg is taking a shot at the venture capital game with its new fund, Bloomberg Beta, which was launched yesterday and is designed to invest in early-stage startups.
Headed up by Roy Bahat, the former head of IGN Entertainment and current chairman of Ouya – the open source, Kickstarter-funded video game hardware startup — the US$75 million fund has already invested in nine companies such as ProsperWorks, Codecademy and Newsle.
