How much is Neogeography worth ?

Could be quite a lot ! Techcruch report that Plazes the European LBS/Social networking website has raised €2.7 million of VC funding.

Plazes

Not bad for a system with a small but growing user base, OK this is not in the realms of youtube yet, but clearly the potential value of such services is recognised, as the VC guys are valuing this at about €50 per user!

Congratulations to Felix and the plazes team, now I must go and update my plaze !

Written and submitted from home, using my home 802.11 network.

2 comments

  1. Pingback: edparsons.com » Blog Archive » Geoware
  2. Andrew Larcombe

    Looks like an interesting concept. Just wish I could try it. Neither my Nokia N73 (Series 60 v3), or HP Laptop (Kubuntu Linux) are supported yet. πŸ™

    Might have to code something up (possibly a J2ME JSR-172) to play with this service. πŸ™‚

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