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  <author-id type="integer">27054</author-id>
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  <body-formatted>&lt;p&gt;Brightstation is more akin to a proprietary web incubator, with deep pockets, as opposed to an early stage VC. &#8220;We come up with ideas and back them. The fund is for things we create internally... it is not a proposition for third parties,&#8221; says Wagner.&lt;/p&gt;
&lt;p&gt;One new venture yet to be launched, called The Beauty Quest, will be live by October and is
a fashion-focused business aimed at the female demographic. "It will,"
says Wagner, &#8220;be like OSOYOU for the cosmetics and toiletries sector&#8221;.
Revenues will come from affiliate fees, sponsorships and display
advertising.&lt;/p&gt;
&lt;p&gt;OSOYOU entered administration at the back end of last year but is
now profitable, according to Wagner, who snapped up the company&#8217;s
assets in January. CEO Mandy Kay and Editorial Director Jess Markwood
overseeing operations. A full redesign is underway and the site will
relaunch more in the guise of a fashion portal. &lt;/p&gt;
&lt;p&gt;Wagner is also founder and chairman at &lt;a href="http://www.venda.com"&gt;Venda&lt;/a&gt;, the full service e-commerce platform that grew out of Boo.com&#8217;s technology, which he bought for &#8211; in relative terms - peanuts, at the start of the decade. &lt;/p&gt;
&lt;p&gt;Venda is used by the likes of Heal&#8217;s, Urban Outfitters, The BBC and Laura Ashley. In addition to powering online retail sites for the big players, it also recently launched &lt;a href="http://shop.venda.com/engine/shop/index.html"&gt;Venda for Small Business&lt;/a&gt;, to cater for niche retailers and eBay powersellers (packages start at &#163;50 per month).&lt;/p&gt;
&lt;p&gt;"We continue to win business at Venda. It's really rocking..." says Wagner. &lt;/p&gt;
&lt;p&gt;Additional "major" clients will be unveiled shortly.&lt;/p&gt;</body-formatted>
  <body-unformatted>&lt;p&gt;Brightstation is more akin to a proprietary web incubator, with deep pockets, as opposed to an early stage VC. &amp;ldquo;We come up with ideas and back them. The fund is for things we create internally... it is not a proposition for third parties,&amp;rdquo; says Wagner.&lt;/p&gt;
&lt;p&gt;One new venture yet to be launched, called The Beauty Quest, will be live by October and is
a fashion-focused business aimed at the female demographic. "It will,"
says Wagner, &amp;ldquo;be like OSOYOU for the cosmetics and toiletries sector&amp;rdquo;.
Revenues will come from affiliate fees, sponsorships and display
advertising.&lt;/p&gt;
&lt;p&gt;OSOYOU entered administration at the back end of last year but is
now profitable, according to Wagner, who snapped up the company&amp;rsquo;s
assets in January. CEO Mandy Kay and Editorial Director Jess Markwood
overseeing operations. A full redesign is underway and the site will
relaunch more in the guise of a fashion portal. &lt;/p&gt;
&lt;p&gt;Wagner is also founder and chairman at &lt;a href="http://www.venda.com"&gt;Venda&lt;/a&gt;, the full service e-commerce platform that grew out of Boo.com&amp;rsquo;s technology, which he bought for &amp;ndash; in relative terms - peanuts, at the start of the decade. &lt;/p&gt;
&lt;p&gt;Venda is used by the likes of Heal&amp;rsquo;s, Urban Outfitters, The BBC and Laura Ashley. In addition to powering online retail sites for the big players, it also recently launched &lt;a href="http://shop.venda.com/engine/shop/index.html"&gt;Venda for Small Business&lt;/a&gt;, to cater for niche retailers and eBay powersellers (packages start at &amp;pound;50 per month).&lt;/p&gt;
&lt;p&gt;"We continue to win business at Venda. It's really rocking..." says Wagner. &lt;/p&gt;
&lt;p&gt;Additional "major" clients will be unveiled shortly.&lt;/p&gt;</body-unformatted>
  <created-at type="datetime">2009-06-24T15:27:15+01:00</created-at>
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  <extract-formatted>&lt;p&gt;&lt;strong&gt;Dan Wagner&#8217;s &lt;a href="http://www.brightstation.com/bsv/index.html"&gt;Brightstation Ventures&lt;/a&gt; is raising a second fund from high
net worth individuals in order to further grow its portfolio.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The company, which owns or part-owns a range of web properties
including Koodos, OSOYOU and Shiny Media, is planning to roll out new
websites by the end of the year.&lt;/p&gt;</extract-formatted>
  <extract-unformatted>&lt;p&gt;&lt;strong&gt;Dan Wagner&amp;rsquo;s &lt;a href="http://www.brightstation.com/bsv/index.html"&gt;Brightstation Ventures&lt;/a&gt; is raising a second fund from high
net worth individuals in order to further grow its portfolio.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;The company, which owns or part-owns a range of web properties
including Koodos, OSOYOU and Shiny Media, is planning to roll out new
websites by the end of the year.&lt;/p&gt;</extract-unformatted>
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  <id type="integer">4090</id>
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  <name>Brightstation Ventures raises second round to support new websites</name>
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  <published-at type="datetime">2009-06-24T15:31:51+01:00</published-at>
  <slug>brightstation-ventures-raises-second-round-to-support-new-websites</slug>
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  <updated-at type="datetime">2009-06-24T15:31:51+01:00</updated-at>
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