Comments on: New Fundinistas: Glam Media and Revolution Money

By: Prashant Singh

Prashant Singh — Tue, 07 Apr 2009 09:32:19 +0000

for the record i don’t know much about glam and its performance. but I am always skeptical of the companies who raise too much cash. Not that there is anything intrinsically wrong with the raising money but i have seen again and again that such heavy investment mostly don’t yield a substantial return .Amp’d Mobile , Pets.com, webvan . one reason i can think of is that with reduce equity founder loose stake and don’t slog anymore.
but i hope glam is different
BTW I love your blog!

By: Prashant Singh

Prashant Singh — Tue, 07 Apr 2009 04:25:15 +0000

By: arunshroff

arunshroff — Mon, 06 Apr 2009 20:16:34 +0000

They also tried to raise $200 Million a while ago – using some inflated traffic numbers – see this Techcrunch article http://bit.ly/CZyiP

By: ADD

ADD — Mon, 06 Apr 2009 20:02:14 +0000

126 million? Are you kidding? What the hell do they need that much money for? They are an ad network!!!! That means they sell something for someone else and take a % of the money. They should have been profitable from their second month in business. What a joke.

By: Gadget Sleuth

Gadget Sleuth — Mon, 06 Apr 2009 18:56:36 +0000

And they’ll need luck. Both aren’t worthy of all the money they’ve raised, as they’re putting more effort into money-raising than putting forward an interesting idea to do with the money.