Raise more money, it’s never enough

I enjoy reading about dubious startups raising more and more money on TechCrunch every day. How about a startup to burn through $6M to develop a customer support forum software? Basically, it’s the same thing you can achieve with free and open sourced phpBB or dozens of other forum packages like that. Noone will pay you for this guys.

Or how about burning $34M to develop software that lets you “monitor your brand on Facebook and Twitter” and “engage with consumers around conversations regarding a brand”? You really can’t make this stuff up…

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: