3 ms·

Where is the real money? Money from one VC (Facebook's investor) is paid to another (FriendFeed's investor). None of them have even reached break even point. I

Where is the real money? Money from one VC (Facebook's investor) is paid to another (FriendFeed's investor). None of them have even reached break even point. I'll be happy if the latest web 2.0 models have a solid revenue & profit stream. I hope web 2.0 startup model doesn't become another ponzi scheme.

bkudria 17y ago
Wasn't the deal mostly in stock?
- socratees 17y ago
  Yes 13.5m cash + 34m in stock. While the whole idea of doing things on the internet is awesome, we should also work on creating technological innovations. Kind of start ups like http://anybots.com/ http://anybots.com/.