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December 04, 2008

VC's still investing in web video! 2009 looks bright for video commerce

Daisy Whitney just posted an article called "Why VCs Are Jumping Back Into Web Video".

She makes a lot of great points and since we are looking into the VC route it's great news for Qoof. One of the points she makes is:

But here's the rub: Investors intend to scrutinize business plans more closely. They want proof that a business can generate revenue, and they expect their portfolio companies to deliver timetables for profitability.

That's also good news for Qoof since we are generating revenue and have a real business model that is not based on online advertising.

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