10.03.06

I’m just shaking my head

Posted in Posts I've read at 12:06 am by Peter Kay

“Demand Media raises $100M for Web site land grab”

Demand Media, the company pursuing the audacious strategy of buying up a bunch of generic Web sites that have no staff generating real content of their own — to throw advertising on them — has raised another $100 million.

No wonder why entrepreneurs new to fund-raising think they can raise $1M over lunch.

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