Comments on: Quigo, a Google Substitute, Being Sold to AOL http://localonliner.com/2007/11/05/quigo-a-google-alternative-being-sold-to-aol/ Peter Krasilovsky's Fri, 18 May 2012 14:01:33 +0000 hourly 1 http://wordpress.org/?v= By: Jeff Tadie http://localonliner.com/2007/11/05/quigo-a-google-alternative-being-sold-to-aol/comment-page-1/#comment-80106 Jeff Tadie Sat, 10 Nov 2007 22:54:21 +0000 http://localonliner.com/?p=526#comment-80106 Let me get this right...they raised $45M, incl $30 in the last year...and they get bought for $340M....nearly 8:1 ratio. Amazing. Peter, a bit of a rhetorical question (from a guy/team that has not used VC funding for Cornerstone Local or Your Marketing Corner): Aside from enabling growth, etc, just how much extra oomph do firms like Quigo get from having VC? Guess the VCs are assisting, pushing and intoducing the team's way to an 8X exit. Are there many examples of exits/takeouts where there was not VC involved? I can't think of any, or at least many. (Oops) Let me get this right…they raised $45M, incl $30 in the last year…and they get bought for $340M….nearly 8:1 ratio. Amazing.

Peter, a bit of a rhetorical question (from a guy/team that has not used VC funding for Cornerstone Local or Your Marketing Corner): Aside from enabling growth, etc, just how much extra oomph do firms like Quigo get from having VC? Guess the VCs are assisting, pushing and intoducing the team’s way to an 8X exit.

Are there many examples of exits/takeouts where there was not VC involved? I can’t think of any, or at least many. (Oops)

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