News for hackers. Stuff that matters.

A comment on A web video company that is most likely a hoax . Parent comment

Re:A web video company that is most likely a hoax by mikeryan on Tuesday November 08, 2011 @02:54PM (#3212483)
they seem to be pretty active for being supposedly fake. Check their twitter feed. They tweet as much if not more than most video companies and it's not fluff.

A good pump and dump scam requires a believable company presence. You just fell for the smoke screen.

[ Parent | on HN ]
Re:A web video company that is most likely a hoax by muzz on Tuesday November 08, 2011 @05:28PM (#3213154)
They seem to have some PR "help" too. For example, this story from "Bedford Research" made the wires and at first glance seems to imply, falsely, that Raystream and Level 3 worked together: http://finance.yahoo.com/news/Breakthrough-Technology-From-i...
[ Parent | on HN ]
Re:A web video company that is most likely a hoax by jcromartie on Tuesday November 08, 2011 @05:44PM (#3213222)
There was another PR release that mentioned Raystream and Netflix together, to ever so gently insinuate they were on the same level or somehow related.
[ Parent | on HN ]
Re:A web video company that is most likely a hoax by sfdfadds on Tuesday November 08, 2011 @09:32PM (#3213972)
You underestimate the power of BS. I worked for a company that raised capital hand over fist and sucked in companies like nobody's business. We could have been doing nothing or been awesome as hell, but it didn't matter- it was all about the slick CEO selling his wares. And in the end, the company still exists even after seemingly burning up in a significant blaze of glory. Money is more important than technology. Unfortunately, many here don't realize that yet.
[ Parent | on HN ]