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> Slide raising $55m Popularity and number of users are great certainly money can be made from ads. Not sure if they can make $55 million worth of dollars fro
by gscott 19y ago
> Slide raising $55m
Popularity and number of users are great certainly money can be made from ads.
Not sure if they can make $55 million worth of dollars from ads, probably not though. Those investors will be looking for there money (x10) and when they don't get it will force the company to close.
- bayareaguy 19y agowhen they don't get it will force the company to close That's one theory for what happened to FilmLoop (one of Slide's early competitors). http://www.techcrunch.com/2007/02/12/filmloop-betrayed-by-investors http://www.techcrunch.com/2007/02/12/filmloop-betrayed-by-in... Actually it looks like FilmLoop is still around here: http://filmloop.myfabrik.com http://filmloop.myfabrik.com
- gscott 19y agoThe whole reason I started my own "startup" because I was just incredulous at the companies that would fail when they really could have ran forver with a nice server setup and 2 or 3 people. Going to the twiistup event not too long ago, I realized that there is some benefit to having a lot of "hands" in a company in that the more people who have a stake in it, the more they want it to survive. Which is probably how Slide even raised 55 million. There has to be a way to do that without taking so much money that it just hangs you.
- paul 19y agoInvestors have no ability to force Slide to close.