Video Sharing Site Eefoof Gets Angel Money
Lotsa angel/seed fundings happening: this time, San Diego-based Eefoof, a video sharing site that does a rev share with creators, has just raised $225K in angel funding from the Tech Coast Angels.
As AlarmClock explains, Eefoof was co-founded by Kevin Flynn who previously co-created Peanut Butter Jelly Time - a Flash animation that emerged in the early 2000s and became an Internet phenomenon.
Nov 3, 2006 3:18 PM ET
Posted In: Social Media
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Comments (3)
Nov 3, 2006 6:59 PM
Can you say irrational exuberence?
Nov 5, 2006 1:01 PM
You have to love Internet evolution. Here is a site based on a youtube-ish model but with a healthy dose of revenue sharing (and author advocation) ... and all from the man who brought you the “Peanut Butter Jelly Time” animation. I love it.
This proves to be an interesting site. I plan to participate, and it’ll be fun to see how it evolves. Thanks for posting the story. Good stuff!
-Brandon
Nov 5, 2006 7:00 PM
When was the last time irrational exuberane was correctly predicted? I think I remember real estate was the last prediction and the value still goes up?