http://www.koolim.com

Why are you such a hater? Get off your lazy ass and quit complaining. Nobody gives a shit what you think. LPs of the VC’s know there will be capital placed in deals that go nowhere. Do you think they just fell off of the turnip truck?

I would be disappointed if I were you too because you clearly spend too much time whining about what you don’t have. If you had any balls you would be on Sand Hill Rd knocking on doors to get meeting with VC dollars but instead you complain that Stanford kids get all the money. You will always be disappointed because you’re a dipshit and a nosey one at that. Oh and by the way, Stanford kids were the brains behind Google, Yahoo, and about another trillion $ in market cap you ignorant POS.

Even if you were close, what does the fact that they will burn through their cash in 1.5 – 2 years have anything to do with 1) being a good product 2) proving otherwise to the point of misplaced capital??

They haven’t made a single buck and now they get 9 million dollars? Where’s the business model? From Bubble to burst

Besides the whole IM web messenger market is way over crowded.

The Meebo widget is cool but the actual chat site doesn’t quiet make it for me. There plenty of other web messengers just as good if not better. Nice Meebo gets funded but where is this all going?

Alaska: you forgot $500 for the LED sign they installed that display usage stats. Your hosting numbers are way off, as pointed out. And do you believe the 5 jobs they’ve got posted as available are paying $40,000/year? You can’t find a qualified engineers in the Bay Area willing to accept that. They wouldn’t be able to afford to live. And don’t forget that the actual costs to the company are greater when you factor in benefits, etc. There are lots of little costs you overlook (telephones, accounting, legal, payment to misc. vendors, etc.).

http://blog.meebo.com/?p=258

$2k would get you 1 cabinet with 110v/40a with 30mbit of cogent bandwidth. Peanuts.

5 employees * 40,000 = 200,000 a month

leasing = 7,500 a month

equipment = 50,000

hosting = 2,000 a month

if the burn rate is close to being 3 mil a year, 9 mil should last maybe 1.5 – 2 years with growth.

to disappointed entrepreneur: good job labeling yourself something you’re not.

guess what, the power to turn off the machine is in the hands of the investing public (you). stop chasing up pointless IPOs or the stocks of insanely acquisitive firms and you will in fact take the wind out of the sail and everyone will move on. exactly the opposite is happening…vc funds are turning away investors, and large web firms are likewise not showing any signs of divestment. clearly there is an appetite for high risk poker out there.

When I read they got 9m I have to say I felt a little ummm..Pissed? Maybe it feels like a bunch of stanford kids getting funded in their back yard by sequoia. It feels a little unfair is all. That a ‘new idea’ like this is worthy of NINE MILLION dollars. I mean, damn, aren’t there better ideas out there more worthy of that scarce startup capitol?! In the world, isn’t there someone working on a better idea, .. seriously.. really is this the best we can come up with ?? A mash up IM site????

I’d like to end this rant by saying that when I see companies like this get funded, I feel like I die a little inside. This really isn’t an attack on meebo, its more me bitching about the inequities of private equity funding. What am I going to do about it, I dunno bitch I guess. Cause I don’t have the contacts to get a meeting to pitch my ideas.

Here is an idea for a web 2.0 startup, come up with a website that disseminates this much needed investment OUTSIDE a 25 mile radius of the investors location. I’d say that idea is worth at least 5M. Thanks.

Eventually the market solidifies, a few players last and own the majority of market share. The ones who mopped up when the goods were cheap usually end up on top. I think that’s what a lot of the companies are doing – buying up eyeballs, getting users to get comfortable using their technology. It’s often difficult to get people to switch once they get used to something or there is something of value for them: think about Outlook’s entrenchment in the desktop mail space, or how MySpace you already have your contacts and friends (even though the interface sucks) you don’t really want to go to the hassle of switching, or if none of your friends are in Cool New System X why would you be. Or why Google is willing to pay a lot of money to be the search engine of MySpace.

Eventually the winners will have a lot of eyeballs continuously moving across the space. Maybe right now we’re not 100% sure where this will all go but companies who don’t get eyeballs may eventually become irrelevant.

if you must engage in multiserver IM, use a client-side system like gaim. it is free and available for many OSs. why use gaim instead of meebo? gaim is not transmitting your username and id to a third-party server. gaim authenticates directly with the server for the network you are using, so you are not telling your username and password to any new parties.

can the same be said for meebo? meebo has access to the private data you enter, and even to your conversations. are they trustworthy? maybe, but who knows if they get bought by someone else, you might find that data mined.

basically only use meebo with a throwaway account that you completely do not care about.