Either Twitter is a special case, or its investors are signaling to Silicon Valley that you still have to spend big to win big.
Consumer Internet Companies That Raised At Least $100M
Name Amount Founded Status Raised ($M) Webvan* 441 1996 Went out of business** HomeAway 396 2004 Private Buy.com* 225 1997 Private PayPal 213 1999 Acquired by eBay** Kozmo.com* 204 1997 Went out of business Priceline WebHouse Club* 190 1999 Went out of business HomeGrocer.com* 169 1997 Acquired by Webvan 155 2006 Private StarMedia Network 137 1996 Acquired by France Telecom** RealNames 134 1996 Went out of business eStyle 133 1998 Went out of business Upromise 133 2000 Acquired by Sallie Mae USA.Net 132 1991 Acquired by Perimeter eSecurity iMotors* 128 1991 Went out of business Glam Media 124 2004 Private Bill Me Later 123 2000 Acquired by eBay 800.com* 121 1997 Went out of business Listen.com 117 1998 Acquired by RealNetworks Autolines* 114 1997 Went out of business eHarmony 113 2000 Private Pets.com* 111 1999 Went out of business** 103 2003 Private Traffic.com 102 1998 Acquired by Navteq** Netflix 102 1997 Public ThirdAge 101 1996 Private *Online retailer
**At one point this company was publicly tradedSource: VentureSource
via blogs.wsj.com
I missed this one when it came out -- but I find this table remarkable.
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