воскресенье, 4 ноября 2007 г.

5min.com raises $5 million

 



 


Israeli video startup 5Min, is believed to have raised $5 million in cash, from Spark Capital.


5min is a place to find short video solutions for everypractical question and is also a place for people who want to share their knowledge.  5min's vision is simple: any solution can be visually explained in 5 minutes.


 



 


An Israeli (print) magazine called Globes recently got their hands on the capitalization table of 5min and published the details. The angels ended up with nearly half the company for that $300k (see above).


 


We like 5min.com because the content is viral and they will be able to build traffic quickly, something they are well on their way to doing (see above).


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