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They just got $30M for this, before signing up any users, and we're supposed to believe the Good Times II are over? I'm guessing the revenue model is completel

They just got $30M for this, before signing up any users, and we're supposed to believe the Good Times II are over? I'm guessing the revenue model is completely based on displaying ads before the connection is established, which makes them quite vulnerable to lulls in the advertising market. That's not even getting into whether the implementation is actually widely appealing enough to create a market for those ads in the first place.

_pius 14y ago
It'd be hard to have a more proven founding team than theirs.
- WiseWeasel 14y ago
  That's what they said about Color.
  - _pius 14y ago
    True, which is precisely why Color was able to raise what it raised.
    - WiseWeasel 14y ago
      Thank you for reinforcing my point. I'm glad we agree. Maybe the fact they got $30M instead of $40M indicates that the bubble is popping... : P
      - _pius 14y ago
        If your point is that investors are willing to fully fund notable, proven founding teams, I suppose we do agree.