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Re:Angels flee from startup investments by tokenadult on Tuesday February 03, 2009 @12:51AM (#463588)
That was really the thrust of my question. Why was that amount of money to start up a good investment?
Re:Angels flee from startup investments by trevelyan on Tuesday February 03, 2009 @08:39AM (#463959)
I'm baffled too. The Internet Archive first crawled the site in June 2007, so let's be generous and say they were in business for two years (NYTimes article mentions they closed).

Stunning hubris.