4 ms·
I think it's an interesting app, but... with all their content provided by other people, and a purposely simple, procedurally-generated interface, what the hell
by devindotcom 16y ago
I think it's an interesting app, but... with all their content provided by other people, and a purposely simple, procedurally-generated interface, what the hell do they even need $50m for? What investor would say "yeah that sounds like a reasonable amount to continue developing an app that is already pretty much done" - I'd like to meet him.
- SriniK 16y agoThis is one of those investments where vcs looking to ride waves (read social/mobile/cloud) + Mike McCue is a serial entrepreneur. Statistics are in favor of those two. ipad's killer app is still browsing, and magazines. These guys might become digital press for all the magazines and newspapers out there.
- suking 16y agoThe founders/early investors could have been taking $ off the table so it wasn't all new shares... Just a possibility.