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They don't sell anything to anyone. The site was acquired and is operated by Clearspring, who has received $36M in funding. http://www.crunchbase.com/company/a
by tsetse-fly 18y ago
They don't sell anything to anyone. The site was acquired and is operated by Clearspring, who has received $36M in funding.
http://www.crunchbase.com/company/addthis http://www.crunchbase.com/company/addthis
http://www.crunchbase.com/company/clearspring http://www.crunchbase.com/company/clearspring
- fizx 18y agoSomeone still has to (indirectly?) be making money from this. My guess is that this is a great source of general web analytics data, which someone will pay to have.
- tsetse-fly 18y agoYes, the idea seems to be that they'll gather and monetize the data though I don't think that's sustainable. No one has to make money on this, they could fail while blowing all of their VC money. All of these widget companies seem like a bit of a scam to me. Do you really need $36M to create a bunch of crappy widgets? I've never even seen a widget from RockYou/Slide/Widgetbox/Clearspring on any of the sites I visit.
- sam_in_nyc 18y agoSo AddThis makes out as the real winner.. they got eaten up by a bigger fish, funded by that sweet VC money, without ever having to prove themselves. I couldn't agree more with how much money is spent on the lamest things... $36M for widgets. Then again, back in the 90's, people would pay thousands to have a counter installed on their page.
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- sam_in_nyc 18y agoAny idea how much they were acquired for? Google won't tell.
- tsetse-fly 18y agoThey're both private so we'll probably never know though I doubt the sum was very large. Clearspring isn't doing so hot, I think we'll be seeing a lot of startups like it fizzle out. http://www.techcrunch.com/2009/01/06/clearspring-lays-off-20-president-and-coo-jay-rappaport-leaving/ http://www.techcrunch.com/2009/01/06/clearspring-lays-off-20...