PayPerPost Raises $7 million More

I disagree with Mike Arrington on this post of his.  Read the comments.

I don’t think PayPerPost is evil – it’s a business.  IF they required each blog entry to start with “This post is sponsored by…” would it make it less evil?


But Mike’s post is not about the warrants of the business – it’s more about why he things them getting $7 million more in funding in a sign of failure.  And I just don’t get that.

Mike – you are wrong.  Go into your comments and say, “I blew it”.


Controversial pay-per-post startup PayPerPost has raised $7 million in a second round of financing, bringing their total raised capital to just over $10 million. Like their previous round from last October the financing was led by Draper Fisher Jurvetson, with participation from Inflexion Partners and Village Ventures. New investor DFJ Gotham, a fund affiliated with Draper Fisher Jurvetson, also participated.

PayPerPost Raises $7 million More