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Webomatica
Technology and Entertainment Digest
So there are some rumors out that Metacafe, another Web 2.0 video site may be acquired for around $200 million.
It seems the price is inferred based on the $1.6 billion that was spent by Google to acquire YouTube. There isn't even any question anymore whether that amount was too m ... Continue reading »
It seems the price is inferred based on the $1.6 billion that was spent by Google to acquire YouTube. There isn't even any question anymore whether that amount was too m ... Continue reading »
1 year ago
I'm one of the Buxfer co-founders. Thanks for posting about Buxfer. There is one glaring mistake though. The comment: "Of course these days you don't have to make money. There's YouTube afer all" did not come from one of the founders. It came from one of the professors who was asked about how Buxfer will make money.
Regards,
Amit Manjhi
1 year ago
The following is also incorrect:
Anyhow, continuing through the article, the three students that created the site are already looking forward to the next step:
“I think the plan for Buxfer probably is to build it up for nine months, get acquired for tens of millions of dollars and then move on to the next thing.â€
Neither I nor the other Buxfer co-founders made the above statement. Once again, the statement belonged to one of the professors who was interviewed for the article. And he was just speculating about Buxfer's future plans.
Regards,
Amit Manjhi
1 year ago