Cuban invests in San Francisco toilet-seat maker

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Mark Cuban, the wealthy Texan who sold Broadcast.com to Yahoo for $5.7 billion in 1999, has reached out to Silicon Valley and invested in Brondell, a manufacturer of Japanese-style toilets that wash your derriere with all kinds of delicate sprays (see video here).

We saw the item in a larger story about angel funding, and how to land it, by Michael Copeland of Business 2.0. If you’re searching for funding, it has some good basic tips.

Why did Cuban do the deal after many other angels had passed? According to Brondell co-founder Scott Pinizzotto, Cuban looks for companies that target the masses. “There are 220 million residential toilets in the United States,” Pinizzotto explains. “That’s our installed base, and that’s what got Cuban excited.” In December, Cuban invested an undisclosed amount in the company, opening up the pearly gates for other angels: Brondell has now attracted $1.3 million in seed-stage funding.

Here’s the Mercury News piece last year about the company. Back then, Silicon Valley angel investors were already discovering San Francisco-based Brondell. One, networking guru Auren Hoffman, wrote on his blog: ”I have been using the Brondell Swash 600 for a few weeks now and I’m having a hard time leaving the bathroom.”

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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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