|
RockYou toasts to $17 mln amid gloom
Social app company raises money from Softbank Japan and SK Telecom RockYou celebrated a new round of funding on the same day that Sequoia Capital, one of its backers, met with portfolio companies to advise them to batten down the hatches. You could imagine Lance Tokuda, co-founder and CEO of RockYou, saying something like this on that day in the Sequoia offices. "Hold on, let me put down this stogie. It turns out the timing of that [gloom and doom meeting] was on the same day we closed a strategic funding round," said Tokuda, as he exhales. "Can you hold my cognac? We definitely take the advice very seriously, but we're very happy to secure additional funding just as the market falls through the floor."These aren't the actual words from Tokuda. ... [ Read more ]
Video Length: 0
Date Found: November 03, 2008
Date Produced: November 03, 2008
View Count: 1
|