Wednesday, March 19, 2008
RockYou: The $400 Million Widget?
RockYou, widget maker, is the latest example of a sane valuation heartbreaker, as it is undertaking efforts to secure an investment from mainstream financing firms that would value the company at between $300 million and $400 million.
First reported by Valleywag last night, the start-up, said one source, “is being squired around Wall Street” by investment behemoth Morgan Stanley, in search of the same kind of deal its rival Slide got in January.
