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Ron Conway SV Angel

Closes seed fund at $20m

16 Feb, 2012

Conway closes the fund with around 15 investments. He says oversubscription by family and friends doubled its size to $20 million. He says he has identified three megatrends where he plans to invest the money – crowd-sourcing realtime data like Twitter, Foursquare, and Quora; social media like Twitter and Facebook; and social commerce like Groupon and Gilt Groupe.