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Scribd gets VCs subscribed

April 25, 2007 By 1 Comment

Scribd is a social networking site similar to YouTube except for sharing documents. Anything textual based from PDFs to TXT files. It seems new companies with a twist on proven business models in the social community space continue to steam roll “normal” Web 2.0 valuations. Om Malik has the full scoop on Scribd to report.

It’s nice to see quality startups being funded barely in the 5 digits (12K from Y Combinator). The peer-to-peer funding side of StartupAddict should blossom sapling companies like Scribd into Red Oak trees all day long for budding entrepreneurs.

Hats off to the Scribd founders and congrats on the high valuations.

 

Filed Under: Web 2.0 and Beyond
About Tod Whipple

An obsessed serial entrepreneur. Founder of Startup Addict. Commercial Real Estate Expert. Technology Ninja. Lover of all things Business. Former movie & television producer. I have a Black Belt in "Keep'in it Real". Fuel your passion it will be 1% work 99% fun. You can connect with me on LinkedIn or follow me at @todwhipple or this blog @startupaddict.