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Why is Scribd so hot? (includes funding details)
- Mistone 20y agogo Scribd! A "funding frenzy" is a new term for me, but must make the founders pretty happy.
- dawie 20y agoScibd is hot because its a brilliant idea (that no-one thought of) and its extremely well executed.
- pg 20y agoThe answer is one word: traffic. Any startup that gets huge traffic (except from porn or "illegal" music sharing) will have VCs all over them. As a first approximation it's as simple as that. If you have a lot of traffic you matter, and if not, you don't.
- mattjaynes 20y agoAmen to that. Those guys have done an amazing job. What especially impressed me was how involved they are in their own community. I posted a presentation on scribd on APIs and one of the founders (Jared) commented on it personally. A little thing, but very impressive to me.