Apple Co-Founder Funds Video Startup

Hotswap.com, a little-known internet video company, stole a little of the digital spotlight last week when Apple co-founder Steve Wozniak and Red McCombs, who co-founded Clear Channel Communications, said they would provide the firm with venture capital.

According to Wozniak, Hotswap’s solution to bring internet video into the 21st century is likely to yield results. “I like what they’re doing,” said Wozniak. “It’s definitely a step forward.”

btw: Hotswap lets people upload video of their stolen fancy wheels for sale!

via: iMedia Connection

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