Re:Rap Genius Traffic Has Dropped By Over 80%
by songmeanings on Tuesday December 31, 2013 @11:01AM
(#6991111)
We've been approached a handful of times for funding as well as potential acquisitions into larger networks/sites throughout the years. However, the logistics have never made much sense, if I am being honest, so we've always declined.
Currently we are talking to a group which is very promising. Can't say much more, but hopefully we can in the near future.
That doesn't change the size of the market.
That is, unless you think the quality or features are so good that it will increase the size of the market. In that sense, I don't think RG is groundbreaking enough IMO.
Songmeanings has been around for over a decade. If the market demand was really there ($15mm investment worth), they would naturally gotten some funding, or enough revenue, to improve their product and soak the $ potential out of the market.