AOL is moving ahead with its new project called Nautilus, an initiative that would see the Internet giant invest up to $1 million in Israeli startups. AOL noted that it would invest at least $100,000 in as many as 10 projects at a time, each for a year’s duration.
http://www.pfhub.com/aol-to-invest-up-to-1-million-in-israeli-startups-765/