Comments on: Mevio Raises Another $15M

By: Notes for 7/13/2008 at MasterMaq’s Blog

Notes for 7/13/2008 at MasterMaq’s Blog — Mon, 14 Jul 2008 04:59:39 +0000

[...] formerly known as PodShow, has raised another $15 million in funding. Not sure why. The $38 million they have raised thus far seems extremely [...]

By: Jeremy Campbell

Jeremy Campbell — Fri, 11 Jul 2008 02:20:18 +0000

That is a lot of money raised, but if ad growth materializes as forecasted then the huge funding may make sense towards producing content which sponsors like. I wouldn't imagine they need to invest a whole lot more into scaling their back-end infrastructure.

$38 million raised sounds like a lot but when you compare it to other Web 2.0 companies that have even more capital at their disposal offering less utility, entertainment, and no business model insight, it may not sound so crazy after all?!

By: Aaron Cohen

Aaron Cohen — Wed, 09 Jul 2008 13:11:50 +0000

Liz:

It's shocking. It's always surprising to me to see VCs support their investmetns because they feel they have to keep going. My guess is that this is a very, very favorable round for the VCs, but look we don't have the data or the details so it's hard to know. You have to hand it to Ron. He's showing a lot tenacity, but it's huge effort, for what return?

By: Frank Sinton

Frank Sinton — Wed, 09 Jul 2008 06:11:34 +0000

Any idea on current revenues and valuation?

By: Adam Curry’s Mevio Downloads $15 Million More

Adam Curry’s Mevio Downloads $15 Million More — Wed, 09 Jul 2008 05:50:48 +0000

[...] remember that name, you probably remember one of the founder’s names: Adam Curry). According to NewTeeVee, they’ve just pulled down yet another round of funding, this time coming to the grand sum of [...]