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A comment on Entrepreneurs Get Creative to Get Funding. Parent comment

Re:Entrepreneurs Get Creative to Get Funding by theklub on Thursday October 15, 2009 @04:03PM (#884164)
No the Sharks usually only invest if they are getting a sizable percent of ownership so I think that's correct. They must have needed the money pretty badly.
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Re:Entrepreneurs Get Creative to Get Funding by mediaman on Thursday October 15, 2009 @04:59PM (#884262)
I wonder why on earth someone would burn through $500k in less than a year to develop a class notes sharing site, given the developer abstractions available today.

Maybe he tried to launch a blitzkrieg marketing plan in many different universities at once, with little testing or compartmentalizing?

Maybe just too much staff?

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