Bambi Francisco is a former correspondent of the technology section at Dow Jones-owned MarketWatch. Utilizing her connections with venture capitalists, Bambi went on to start up her own company called Vator.TV.
The purpose of Vator.TV will be for entrepreneurs to pitch their ideas and thoughts through video. Amazon is powering the video streaming. The name comes from “elevator” in the context of elevator pitches.
The funding came from various sources and the amount was not disclosed. Richard Rosenblatt, the former CEO of Intermix was an investor.
Intermix is the company that owned MySpace which is now owned by News Corporation. Georges Harik, a developer of Google AdSense also joined as an investor. And Peter Thiel, the former CEO of PayPal and Matthew Hill, an early investor in Shopping.com (which was acquired by eBay in June 2005 for $635 million) both also participated in the funding.
