“If the reaction at PC Forum is any indication, there’s a new whipping boy in the tech industry, and it’s called Plaxo.” From News.Com. The key quote:
Koogle’s somewhat evasive answers further stoked criticism. When asked
how Plaxo planned to generate revenue, he paused for a few seconds,
emitted sort of a vacant “uhhh” sound, and then stated that the company
is working on “experiments” on how to generate revenue.
how Plaxo planned to generate revenue, he paused for a few seconds,
emitted sort of a vacant “uhhh” sound, and then stated that the company
is working on “experiments” on how to generate revenue.
Hmmm. Dot-com fever all over again. I wonder what their burn rate is. I hope Sequoia Capital has deep pockets…