Gdgt Site Raises $3M For Crowdsourced Reviews
Question: What exactly would you need $3M for, when you have no paid writers? Looks like VCs are opening their wallets again and can’t give it away fast enough. (I have a few ideas and know several entrepreneurs with some; call me.) Can you smell “stock market bubble coming soon”? Despite the fact that there’s no indication the user-sourced content gets any compensation, Compete and Quantcast data shows growing traffic to the Gdgt site. According to the WSJ, Gdgt already has hundreds of thousands of users (note: you have to register) and close to 17,000 products in their database.
What do you think of the Gdgt concept? Does this seem like a blatant cash grab, given how lucrative a popular tech website can be? Should reviewers be compensated, and how so? If you’ve heard anything about plans for that on Gdgt, let us know. If you had a crowdsourced startup with no paid employees but yourself, how would you spend $3.7M in financing money?
Oleellisin kysymys: What exactly would you need $3M for, when you have no paid writers? Looks like VCs are opening their wallets again and can’t give it away fast enough.
If you had a crowdsourced startup with no paid employees but yourself, how would you spend $3.7M in financing money?
