Creative Weblogging raises cash, and competitor's ire
Creative Weblogging, a Palo Alto start-up that groups together 45 blogs in a network, said Wednesday it had raised an "undisclosed" amount of money from angels.
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| Torsten Jacobi |
Problem is, its three bubbles at the top of the page look remarkably similar to the home page of Weblogs Inc., a competitor. So the next day, Thursday, Weblogs chief executive Jason Calacanis, got pretty upset about it, calling Creative Weblogging a "bunch of thieves." To which TJ responded on Friday with...
his own impressive list of how he said Weblogs has played "dirty." Luckily, the weekend ushered in a ceasefire.
For his funding, TJ apparently draws upon his German connections: Among Creative's angels are three German tech pioneers: Nils Weitemeyer and Jan Andresen, co-founders of mobile entertainment provider Elkware, and Stefan Wiskemann, co-founder of community publishing solutions provider 21Publish.
Creative says its network of technology- and consumer-focused blogs attract more than one million readers a month.
http://www.siliconbeat.com/cgi-bin/mt331/mt-tb.cgi/851
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We took note of this the other day. W/ AOL owning Weblogs Inc., will action be taken? Or is there even precedence for action? Piracy is one thing, but then to get funding for it (if the allegations can be proven).
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This behavior reminds me of pre-teens taunting each other on the playground. Except these pre-teens someone has entrusted with millions of dollars. I thought a basic emotional maturity test used to be a requirement for fund-raising, but it appears that's no longer the case. Time to pull my money out of those VC funds.
Joe S on November 7, 2005 3:58 PMComment link
