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RockYou gets 35m Today, Investors Get Fleeced Tomorrow
Mon, 09 Jun 2008 10:04:24 PDT
M&A can happen quickly, but financing is a mind-numbing process that takes 6, sometimes 12 months. As such, learning that Rock You just raised $35M for Facebook apps, you have to wonder, how do the investors feel upon learning that just yesterday, the #1 in this “space”, Slide, signaled a shift in strategy by stopping to develop new apps.
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