Comments on: The Point Organizes a $4.8 Million Series A For Itself http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/ Startup and Technology News Thu, 24 Jul 2008 09:54:46 +0000 http://wordpress.org/?v=2.5.1 By: Venture Capital: Roundup for Feb 14, 2008 : unitedBIT http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1991928 Venture Capital: Roundup for Feb 14, 2008 : unitedBIT Fri, 15 Feb 2008 11:56:49 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1991928 [...] raising $2.5 million from angel investors last year, The Point has closed a $4.8 million series A financing from New Enterprise Associates. The idea behind the site is to create campaigns around [...] [...] raising $2.5 million from angel investors last year, The Point has closed a $4.8 million series A financing from New Enterprise Associates. The idea behind the site is to create campaigns around [...]

]]> By: Andrew http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1988903 Andrew Wed, 13 Feb 2008 22:57:00 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1988903 I am SUPER interested to know what they plan to use $7 million for, on a pure web play. And also, what kind of valuation they got on this round: $4.8 million for 99% of the company? What are their extra costs that every other Web 2.0 company doesn't have??? I know companies that have taken MUCH less and are manufacturing real life products. I am SUPER interested to know what they plan to use $7 million for, on a pure web play. And also, what kind of valuation they got on this round: $4.8 million for 99% of the company?

What are their extra costs that every other Web 2.0 company doesn’t have??? I know companies that have taken MUCH less and are manufacturing real life products.

]]> By: I Am Not Posting To Spam My Blog http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987709 I Am Not Posting To Spam My Blog Wed, 13 Feb 2008 11:00:58 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987709 Nice. That's, ooh, $4.5m to bribe the entire tech journalism industry to not make "What's The Point" gags, just under $380k for "sund. exp.", and a few thousand or so to keep a getaway car on permanent standby with the engine running. This is a cute spin on petitiononline.com, the sort of thing I'd fill bored lunch breaks with at school, but a business? Give me a break. Turned off video after the "stimuleye" (sic) bit. I think he was talking about engagement at the moment I became significantly disengaged to not care whether it got any better or laughably worse. Kind of ironic, but only in the sense that rayeeyain on your wedding day is. Nice. That’s, ooh, $4.5m to bribe the entire tech journalism industry to not make “What’s The Point” gags, just under $380k for “sund. exp.”, and a few thousand or so to keep a getaway car on permanent standby with the engine running.

This is a cute spin on petitiononline.com, the sort of thing I’d fill bored lunch breaks with at school, but a business? Give me a break.

Turned off video after the “stimuleye” (sic) bit. I think he was talking about engagement at the moment I became significantly disengaged to not care whether it got any better or laughably worse. Kind of ironic, but only in the sense that rayeeyain on your wedding day is.

]]> By: uploadchoice http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987473 uploadchoice Wed, 13 Feb 2008 08:21:04 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987473 Looks nice meet up point. Looks nice meet up point.

]]> By: Prashant http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987272 Prashant Wed, 13 Feb 2008 05:52:24 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1987272 i Told you Sean Parker is never wrong . Look out for Project Agape i Told you Sean Parker is never wrong . Look out for Project Agape

]]> By: briansoo http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986817 briansoo Tue, 12 Feb 2008 22:30:32 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986817 Isn't this that Blackmail 2.0 company? They can't even raise money for $1000 stuff, I don't see how they'll raise ~$5M. Silly. Isn’t this that Blackmail 2.0 company?

They can’t even raise money for $1000 stuff, I don’t see how they’ll raise ~$5M. Silly.

]]> By: Fabian Schonholz http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986680 Fabian Schonholz Tue, 12 Feb 2008 20:54:11 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986680 I have not gone to the site but the idea is awesome. I often question my donations and this will help me donate more efficiently if it works. I have not gone to the site but the idea is awesome. I often question my donations and this will help me donate more efficiently if it works.

]]> By: Raskin http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986652 Raskin Tue, 12 Feb 2008 20:39:47 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986652 Wow, you guys just prove my point. THAT video was "both funny and genuine"? Tech people just don't get media. Media people just don't get tech. It is kinda sad really. Wow, you guys just prove my point. THAT video was “both funny and genuine”?

Tech people just don’t get media.

Media people just don’t get tech.

It is kinda sad really.

]]> By: Alan Wilensky http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986580 Alan Wilensky Tue, 12 Feb 2008 19:51:52 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986580 I have never seen.....money like this this chase after weak models. Campaigns go up on this site and wither. I have never seen…..money like this this chase after weak models. Campaigns go up on this site and wither.

]]> By: Larry http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986424 Larry Tue, 12 Feb 2008 18:25:24 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986424 Wow look at their stats? Compete says they had like 5k users last month. How do you get 4.8, after already raising 2.5m Wow look at their stats? Compete says they had like 5k users last month. How do you get 4.8, after already raising 2.5m

]]> By: Ryan http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986419 Ryan Tue, 12 Feb 2008 18:23:01 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986419 I thought that the video was both funny and genuine. Personally, I think they could have gotten most of the message out in 3-4 minutes and would have had more people watching ... I thought that the video was both funny and genuine. Personally, I think they could have gotten most of the message out in 3-4 minutes and would have had more people watching …

]]> By: Everett http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986393 Everett Tue, 12 Feb 2008 18:11:08 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986393 I like it and vid wasn't bad! I like it and vid wasn’t bad!

]]> By: Raskin http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986374 Raskin Tue, 12 Feb 2008 18:02:22 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986374 $4.8 million in financing and they can't even put together a nice looking demo video...what is it with web 2.0 companies! Congrats tho, good idea and glad it is financed. $4.8 million in financing and they can’t even put together a nice looking demo video…what is it with web 2.0 companies!

Congrats tho, good idea and glad it is financed.

]]> By: Allen Vartazarian http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986362 Allen Vartazarian Tue, 12 Feb 2008 17:56:59 +0000 http://www.techcrunch.com/2008/02/12/the-point-organizes-a-48-million-series-a-for-itself/#comment-1986362 Its great to see so much interest from investors in this space. The Point really leverages the power of the Internet to "get the ball rolling" (as is embodied in their logo) Its great to see so much interest from investors in this space. The Point really leverages the power of the Internet to “get the ball rolling” (as is embodied in their logo)

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