Value-based obesity care solution Ilant Health adds $2.5M to its seed round
The company initially raised $3 million in seed funding when it launched in October
Read more...We and others have had a fairly lengthy debate over the valuations bestowed upon gadget and apps makers like Slide.
Slide founder Max Levchin came into our Vator studios for an interview or two and did his best to explain that its business model would depend on getting to know Madison Avenue better.
In other words, advertising.
But there's one other aspect of that model that we hadn't heard before (at least I hadn't) we talked to Robert Scoble, who says that Slide is also charging other widget makers for the right to piggyback on its users.
That's making the company "a fair amount of bank," Scoble says.
The development makes sense, given that Facebook and other social networks are cracking down on spam-like features that developers once regularly used to spread their applications virally, and given that most developers of the Open Social platform are still trying to figure out how to make money on their widgets.
Watch this to see Scoble's take on the Twitter business model and look for another Scoble interview or two later this week.
The company initially raised $3 million in seed funding when it launched in October
Read more...This is the company's first fundraising since 2019 and brings its total capital to $103M
Read more...ROOK lets health, fitness, and wellness companies take data from devices and make it actionable
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