Meevee with another $8 million round
Filed in archive Entrepreneurship by tj on August 14, 2006

According to PE Week Wire and Techcrunch, MeeVee, which we interviewed here has raised another $8 million in a third-round
of funding. I'm not so sure if I get the secret sauce of the Meevee model. It is not a model for Tivo as Michael Raneri expressed in the interview. Free TV Guides is something very useful but how do you make enough off such a platform. Probably the simple assumption is there is x amount of money made in advertising in free or nearly free paper magazines, why not take some of that online and see what happens.
Let's see how MeeVee fares - so far the service would be better off with some more rich media content but is probably not so far away.
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Mr Wong
