RockYou grabs $35m round of funding, wants to hurt Slide valuation.

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RockYou grabs $35m round of funding, wants to hurt Slide valuation.

by Avatar	Stumble this!	June 09th 2008

tmp3871

Now. that is what we are talking about. RockYou raised 35 million dollars. 30 from a capital firm and 5 from the existing investors. and it resulted that the 1 million dollar they raised earlier was just an advancement of this round. i knew that i could not be possible for RockYou to raise so little money for their company size and much less after slide raising so much money.

But RockYou wanted more. some more in the neighborhood of their competitor slide 50 million dlls because they see not only as equals but superior to them and are claiming numbers from quancast to prove it. something that of course proves nothing and now Slide is putting into question of course.

The only way they could claim such a thing is if they had a overview of numbers coming from ALL the main metric and analyst firms and companies. but that is not the point. RockYou just want to damage Slide valuation because that would in turn increase theirs.

So. it is war as usual for Slide – RockYou. let the war continue. and maybe it is time for RockYou to start announcing a restructuring like the one Slide announced already.

RockYou

Widget-maker RockYou raises $35M, claims larger reach than Slide via venturebeat