When is the best time to raise venture capital?
The notable $11 million investment in blog and web-site hosting company FreeWebs today made us scratch our head a bit.
We wrote about the investment in our “wire” section (left-hand side of our homepage), and mentioned there are many competitors to FreeWebs, several of them quite large. Why would a company of a dozen or so employees, which managed to bootstrap it for so long (they went without funding for five years) and which is now… Continue Reading