PodTech, a video podcast network that had taken over $7 million in venture funding, has been sold--and the price may have been a downright embarrassing $500,000.
The news was reported this week by Eric Eldon at VentureBeat, but Valleywag's Jackson West was floating the rumor with less detail last week. And Fake Steve Jobs jumped the gun a little bit by declaring the company dead last October.
The buyer is the Los Angeles-based ViewPartner, a "communications technology company" that seems to only produce Google results about the fact that it bought PodTech. And while no financial … Read more