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bit.ly

From: Dean C.
Sent on: Tuesday, March 31, 2009 7:44 AM

How dumb is this investment?

http://www.techcrunch.com/2009/03/30/if-bitly-is-worth-8-million-tinyurl-is-worth-at-least-46-million/

 

No barrier to entry, no revenue model. What exactly are these people thinking?

 

I could think of a lot of other ways to invest $2m dollars on an $8m valuation.

 

 

 

 

Regards,

Dean Collins
Cognation Inc
[address removed]
[masked]   New York
[masked]   (Sydney in-dial).
[masked] (London in-dial).

 

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