New York
– CNET and E! Online co-founder Kevin Wendle and MusicNation fo-founder Daniel
Klaus have teamed to form AppFund, a new investment firm that will provide
funding and expertise to developers working on applications for Apple’s new
iPad.
New York-based AppFund’s investments will range from $5,000 to $500,000,
"depending on the complexity of each application and its potential to tap
into the mobile end user market."
The firm said it is now accepting
proposals to be part of the launch of the first iPad applications by the summer
of 2010.
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(TechCrunch)
