MarketWatch reporter resigns over web venture

By Cory Bergman 

Bambi Francisco has resigned from MarketWatch to focus all her energy on her new venture, Vator.tv, after conflict of interest concerns were raised by parent company Dow Jones. Vator.tv allows companies seeking funding to post video elevator pitches for venture capitalists. While Francisco did not promote Vator.tv — and she had approval from her editor to start the company — she reported on some of the same companies that appear on the site, as well as her partner in the venture. Writes Francisco, “I’m going to try my hand as an entrepreneur. I think I’m making the right decision. If I didn’t make this decision, I would always regret not trying.”

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