Posts Tagged with ‘45-million’

What do Sequoia Capital, Index Ventures, CBS Corp, Viacom, and Li Ka-shing (a really rich Chinaman) have in common? They all bet their pants on Joost. $45 million in slacks, as of early May.
Actually, high-priced fabrics weren’t part of the bargain. (I’m not so sure that’s the right word to use in this context, but anyhow.) Just paper. Lots of it. Is it just me or does it seem like Joost has been hogging headline space quite a bit as [...]