Gurunet numbers
Filed in archive Venture Capital by tj on May 18, 2005
The InternetStockBlog has numbers from Gurunet:
"- Revenues were $175,633, which is pretty poor for a company that (before reporting) had a market cap of over $150M. To make matters worse, about 1/3 of that # was attributable to its discontinued subscription product.
- Further detail and color provided on the call shows that although GRU is steadily building revenue, it is ramping at a snail's pace:
- February 2005: $16,000
- March 2005: approximately $91,000
- April 2005: approximately $91,000 (from call)
- May 2005: approximately $120,000 (from call)"
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