Comments on: Cornerworld Acquires Sway For $30 Million http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/ Startup and Technology News Thu, 24 Jul 2008 19:13:16 +0000 http://wordpress.org/?v=2.5.1 By: List of Q1 2008 Web/Internet/Technology Acquisitions » The StartUp Blog at PartnerUp http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-2315901 List of Q1 2008 Web/Internet/Technology Acquisitions » The StartUp Blog at PartnerUp Wed, 21 May 2008 14:03:02 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-2315901 [...] Sway offers customers real-time results tracking and adminitration of marketing campaigns across multiple web 2.0 and social media platforms. TechCrunch [...] [...] Sway offers customers real-time results tracking and adminitration of marketing campaigns across multiple web 2.0 and social media platforms. TechCrunch [...]

]]> By: Abasha http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1959732 Abasha Fri, 01 Feb 2008 21:53:12 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1959732 @ Goorsha comment #7 Yes, I agree with Goorsha that if I pay $30 Million for a company, the site MUST have sway.com as its domain. No negotiations here! However, as you can see, the domain of this company called "sway" is swayonline.com. This is not appropriate and is a bad business plan. @ Goorsha comment #7

Yes, I agree with Goorsha that if I pay $30 Million for a company, the site MUST have sway.com as its domain. No negotiations here!

However, as you can see, the domain of this company called “sway” is swayonline.com. This is not appropriate and is a bad business plan.

]]> By: rubu http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1958034 rubu Fri, 01 Feb 2008 15:25:51 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1958034 six months ended October 31, 2007, we incurred a net loss of $1,099,377 or $0.02 per share, which was an increase of $1,096,498 from the net loss of $2,879, or $0.0 per share for the six months ended October 31, 2006.” six months ended October 31, 2007, we incurred a net loss of $1,099,377 or $0.02 per share, which was an increase of $1,096,498 from the net loss of $2,879, or $0.0 per share for the six months ended October 31, 2006.”

]]> By: Miriam http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1957639 Miriam Fri, 01 Feb 2008 13:24:37 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1957639 Goorsha, the domain is http://www.swayonline.com Goorsha, the domain is http://www.swayonline.com

]]> By: Goorsha http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956807 Goorsha Fri, 01 Feb 2008 07:38:09 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956807 How can a company without a proper domain, sway.com, could be sold for 30 million dollars? If I were to buy a company, the first thing I want is an appropriate domain name for my company! Remember that email site for millionaires only? Do you remember their domain? Not me. How can a company without a proper domain, sway.com, could be sold for 30 million dollars? If I were to buy a company, the first thing I want is an appropriate domain name for my company!

Remember that email site for millionaires only? Do you remember their domain? Not me.

]]> By: james http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956143 james Fri, 01 Feb 2008 02:29:56 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956143 Most likely this is a reverse IPO. The healthier SWAY is basically going public and taking over Cornerworld. They've just spun the news to get a techcrunch post. Dastardly evil and sneaky. I like it. Most likely this is a reverse IPO. The healthier SWAY is basically going public and taking over Cornerworld. They’ve just spun the news to get a techcrunch post. Dastardly evil and sneaky. I like it.

]]> By: Curious George http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956121 Curious George Fri, 01 Feb 2008 02:20:57 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956121 Wow. After reading their SEC report I found this part really interesting: "We do not have the funds necessary to maintain our operations for the remainder of our fiscal year, and will need to raise additional funding." They don't have the money to go another 2 months? Wow. After reading their SEC report I found this part really interesting:

“We do not have the funds necessary to maintain our operations for the remainder of our fiscal year, and will need to raise additional funding.”

They don’t have the money to go another 2 months?

]]> By: Anonymous http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956089 Anonymous Fri, 01 Feb 2008 01:55:41 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1956089 Where exactly did they get $30 million from? http://www.sec.gov/Archives/edgar/data/1338242/000116169707001449/form10-qsb.htm "For the six months ended October 31, 2007, we incurred a net loss of $1,099,377 or $0.02 per share, which was an increase of $1,096,498 from the net loss of $2,879, or $0.0 per share for the six months ended October 31, 2006." "Our revenue and gross profit for the three months ended October 31, 2007 was $-0- and for October 31, 2006 the revenue was $-0- and the gross profit was $-0-. We have refocused our business strategy towards a social networking web-based site." "As of October 31, 2007, we had a working capital deficit of approximately $252,609 and cash of $406." Sounds like the dotcom era all over again. Where exactly did they get $30 million from?

http://www.sec.gov/Archives/ed.....10-qsb.htm

“For the six months ended October 31, 2007, we incurred a net loss of $1,099,377 or $0.02 per share, which was an increase of $1,096,498 from the net loss of $2,879, or $0.0 per share for the six months ended October 31, 2006.”

“Our revenue and gross profit for the three months ended October 31, 2007 was $-0- and for October 31, 2006 the revenue was $-0- and the gross profit was $-0-. We have refocused our business strategy towards a social networking web-based site.”

“As of October 31, 2007, we had a working capital deficit of approximately $252,609 and cash of $406.”

Sounds like the dotcom era all over again.

]]> By: Graeme Thickins http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955879 Graeme Thickins Thu, 31 Jan 2008 23:46:13 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955879 hmm - I introduced Sway to Chris Shipley, and they presented at DEMOfall in Sept 07 - will have to tell her and the other DEMO folks about this (after just leaving their latest conference yesterday) hmm - I introduced Sway to Chris Shipley, and they presented at DEMOfall in Sept 07 - will have to tell her and the other DEMO folks about this (after just leaving their latest conference yesterday)

]]> By: Jeff http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955862 Jeff Thu, 31 Jan 2008 23:40:30 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955862 Interesting idea again How do you rate? Check out www.yupnup.com Interesting idea again

How do you rate? Check out http://www.yupnup.com

]]> By: Bill Hartzer http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955779 Bill Hartzer Thu, 31 Jan 2008 22:57:41 +0000 http://www.techcrunch.com/2008/01/31/cornerworld-acquires-sway-for-30-million/#comment-1955779 Sounds interesting, I wasn't aware that you could track campaigns across multiple platforms, especially in real-time. Sounds interesting, I wasn’t aware that you could track campaigns across multiple platforms, especially in real-time.

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