Ok, Now thats just insane. Zillow.com raised in its first round around 20mil from VC’s. Now appearntly they raised again around 20mil summing it up to around 50mil plus minus.
Dont ya think its tad too much for a company that registered its domain name 19month ago?, Unless they are developing the next Fatboy 2.0 Atom bomb its unlikely they will use 5% of that money.
I really dont understand companys that raise bilions in cash from vc’s and for what? a web app? its starting to sound like a bad joke “How many millions do you need to build a web app?” - “around 50mil from vc’s” .
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