DISQUS

VentureBeat: Glam still raising up to $200 million in cash and debt, announcement coming soon

  • Ray · 1 year ago
    I am a one of Glam's Bloggers and I think it is great that they are finalizing their funding. I have seen quite a bit of misinformation out there and it is time someone set guys like Valleywag straight. As far as I know Glam has never claimed that they wanted $200 million in equity, a claim I just read on Valleywag.
    I am a premium Glam partner who just signed an exclusive deal with them for the SECOND time. I trust Glam as a long term partner and this solidifies that thought even more
  • Terry Ng · 1 year ago
    With growth every quarter, Glam has created an extremely desirable business model that's successfully blended together entertaining content and brand advertising.

    This well deserved next round of funding will surely stir things up even more!
  • Jason · 1 year ago
    Hey Matt. Good story, but you goofed on one major detail. Glam was featured in the January issue of FOLIO: magazine (as pictured above) NOT Portfolio magazine.
  • Dave · 1 year ago
    Given history and precedent, Samir will get what he's arguing for if not more, no matter how ludicrous it is. He's that slick and there are indeed that many suckers out there to bite. Sad but true.
  • Jen · 1 year ago
    Sounds like an emotional and personal reaction. Matt's article and the response of the publishers seems consistently positive. With a 40M revenue rate, growing to 80M in year 3 based on this article, would make Glam very very valuable. What would you rather invest in- Yahoo with negative revenue growth, Slide with no revenue, Facebook at 15B losing 150M as Kara reports, or Glam? Financially speaking, set aside the emotions and look at historic performance-- results are what made Google, Oracle and Apple number 1 not what you think of the management.
  • Glam Newbie · 1 year ago
    Yes, I too am hearing that Glam is hiring the top people and is a great place to work. Straight out of the book Built to Last: big hairy audacious goals, growing marketplace, focused on users, clear enemy, passionate team, shared vision, killer technology, innovative business model, trust-based culture and fun. Rare example of getting it right
  • Matt Marshall · 1 year ago
    I fixed the Folio reference. Thx.
  • Mikey · 1 year ago
    Good story
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