Revver was one of the early pioneering video aggregators. After raising nearly $13M, it sold for less than $5M… despite the fact that YouTube - who launched after Revver - sold for $1.65B.
Exits of any kind, let alone mammoth-sized ones like YouTube’s have been rare. Today, one more exit, but not one that anyone should brag about: Podtech sells for - sit down folks - $500,000. The company had raised $7.5M over two rounds. continue reading...
