A round up of this week’s money news:
- Twitter to have “millions” of ad money coming in soon
- Hulu is still talking about an IPO
- Bit.ly raises $10M
- NBCU Invests in Invidi (Addressable Advertising Firm)
Sometimes, however, I think that the lure of venture capital is the lie of our generation. Doesn’t it sometimes feel like the “gold rush” all over again? Only the success stories make the papers – it is like the lottery. The press only report the two blokes who sold YouTube for $1B – not the 10,000 schmucks who lost their life savings and didn’t even get to round 1.
Anyway, here is a great tribute / spoof video (depending on your outlook).