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$15,000 in revenue in the first month is impressive. Unless they made that up. However, even if it's a fabricated figure (and I'm not saying that it is), they
by rogerthat 17y ago
$15,000 in revenue in the first month is impressive.
Unless they made that up.
However, even if it's a fabricated figure (and I'm not saying that it is), they would not be the first company to lie to the press to generate some hype. I also don't believe it would be against the law, except perhaps if someone were to rely solely upon that information to make a decision about whether to invest in the company.
- gruseom 17y agoUnless they made that up. I've met them and can assure you they're a lot smarter than that.
- falsestprophet 17y agoUm, why wouldn't they make it up?
- abossy 17y agoNewsflash: It IS possible for Web startups to generate revenue.
- pgbovine 17y agoi wouldn't call RentHop a 'web startup' ... they're a business that operates very much in the real world ... the web is simply their interface for doing meatspace business. i usually think of web startups as existing purely in cyberspace (wow that's a 90's term heh), where end-users are less likely to want to pay for services. in the real world of apartment hunters, brokers, landlords, etc., people are used to paying money immediately for goods & services.
- abossy 17y agoThey benefit from the scalability of the Web, so I would consider them a Web startup.