Comments on: Another $50 Million for RockYou…Why?

By: RockYou Sued Over User Data Breach – GigaOM

RockYou Sued Over User Data Breach – GigaOM — Wed, 30 Dec 2009 23:19:40 +0000

[...] has raised $119 million from Softbank, Sequoia Capital, Partech International, Lightspeed Venture Partners and [...]

By: jenkins

jenkins — Wed, 18 Nov 2009 02:37:02 +0000

not sure why this company exists and not sure anyone would want to work there

By: powel

powel — Wed, 18 Nov 2009 02:05:52 +0000

ya and then look at everyone else .. it’s like stanford gsb class in there.

By: Tim Evans

Tim Evans — Tue, 17 Nov 2009 22:12:59 +0000

The two founders are engineers. Don’t hate on MBAs.

By: powel

powel — Tue, 17 Nov 2009 21:49:01 +0000

this is what happens when too many mba’s in management .. just look at that.

By: Om Malik

Om Malik — Tue, 17 Nov 2009 16:33:54 +0000

….. And I have a bridge to sell in Brooklyn. IPO is a stretch… a long stretch.

By: Gavin Schulz

Gavin Schulz — Tue, 17 Nov 2009 16:00:29 +0000

I always thought you had to be smart to work in a VC firm. Evidently it just takes nerves of steel to cough up $50 million to a company that shouldn’t be getting any more money. From their published revenue numbers they should be able to break even. Now their only exit is an IPO which would have to be monstrous.

By: Dirk

Dirk — Tue, 17 Nov 2009 15:57:03 +0000

Surprised the investors haven’t realized this simple correlation you laid out, both in regards to unoriginal business plan, and pouring more money in.