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that isn't enough to build the technology and market it. I think the CEO said they needed ~$30M to build it, ~$30M to market it. > it was going to take at leas
by pclark 17y ago
that isn't enough to build the technology and market it. I think the CEO said they needed ~$30M to build it, ~$30M to market it.
> it was going to take at least $100 million, half to build the back end across thousands of servers and half to get distribution (maybe more with Microsoft spending $100 million on Bing advertising alone). What we didn’t plan on was the terrible downturn in the economy which made it impossible to raise another $50 million to get distribution (mainly through toolbar deals). In this economy nobody wants to invest that kind of money in a company that is pre-revenue, even if the net result is potentially a multi-billion dollar company.
http://www.techcrunch.com/2009/07/24/searchme-may-go-offline-tomorrow/ http://www.techcrunch.com/2009/07/24/searchme-may-go-offline...
- rokhayakebe 17y agoWith all due respect to these guys, 50M to market their product sounds unreal. They should publish their marketing plan and let let the public help them out.