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Showing posts with label billion. Show all posts
Showing posts with label billion. Show all posts

Saturday, September 15, 2007

Get A Yahoo Mash Invitation At InviteShare

Yahoo Mash, Yahoo’s new social network experiment, sent out the first batch of invitations moments ago. The service is invite only at this point. Get yours at InviteShare now.

I am seeding the first few invitations. Then it’s up to you. Once you get an invite, come back to confirm it and invite a few more people to keep things going. The more people you invite, the higher you will appear on waiting lists for future private betas.

Thursday, August 9, 2007

Wow - Clown Co. Got That $1 billion Valuation (still nameless though)

Is ANYONE at NBC or News Corp. embarrassed that they can’t agree on a name, even a working name (or a website), for their new Not-A-YouTube-Killer video joint venture?

It was announced in March to fanfare, and a steady stream of news has been written about it ever since. But no one has a name for it, not even the New York Times which reported today that the joint venture managed to find someone willing to throw $100 million at it for 10% (reports that they were pitching this came out in June). And so we keep referring to it as Clown Co., which is the name Google execs reportedly refer to it as behind closed doors.

But back to the news. Providence Equity Partners, a Rhode Island based private equity firm, put up the $100 million to buy 10% of a company that didn’t exist three months ago. I hope that means a launch is imminent. It would be hard to launch without a name.