Two announcements these days made me think a lot. Firstly, Seesmic got another 6 Millions after the first 6 got just a few months ago. Twelve millions, a ton of money. Secondly, Jaxtr just received 10 Millions in series B funding by Lehman Brothers Venture Partners.
Both of them look insane to me. With 12 millions, I think you can easily run 4-5 different Seesmic-like companies, while for Jaxtr I don’t really see how they can go forward with a business model like that and with phone tariffs dropping to 0.
Am I missing something? Leave your comments here.
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