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While Cuil failed, it only cost them about $30 million to do most of what Google does. They raised ~$30 million in two rounds, but their valuation was at $200
by desdiv 12y ago
While Cuil failed, it only cost them about $30 million to do most of what Google does.
They raised ~$30 million in two rounds, but their valuation was at $200 million by round two. I agree with your point though; the cost to develop a good search engine is dirt cheap compared to the value it brings.
- Animats 12y ago"Valuation" by whom? They had no revenue, no revenue model, no VC would give them additional funding, and Google didn't buy them out. On September 17, 2010 at 1 PM, all the employees were told the company was shutting down. Google did hire the CEO and Anna Patterson to keep them from doing another search engine.