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We don't think Google did something intentionally We worked a lot with them.

They posted that on their Adsense blog 1 month before the blacklisting : http://adsense.blogspot.com/2007/08/adsense-api-on-e-commerc...


We had no SEO team before the blacklisting.

We gave to all of our members/stores owners the possibility to customize their store template.


Didn't know your tech guys were based in israel. Would that explain, now that i think about it that i see a kind of similar spirit between wix.com and zilo ?

Also, i was a zilo user back in the time, and really liked it. Glad things turned out well for you !


It was Zlio not Zilo (Yep, I know it was a poor name)

Wix and Zlio: We had the same investor. Mangrove. They discovered Wix when they came to Israel for a Zlio Board. They know own 25% of Wix.


Right. We negociated that the day after. They wanted to buy the 1 year old company (3 people) for $10M


Thanks ;-)


The guy who founded this company is the guy who invented oauth ;-)


I want it now!! But I bought a Sony E-Reader before a Kindle 5 years ago. Their customer service was very bad :(


I love it! ;) Just afraid that many trolls will use it...


It was a nice idea but I think Swatch made a big mistake by taking their headquarters as the base to calculate it.

It needed to be an independant concept to bring other companies/competitors on board.


It was probably mainly a PR idea, though a good one … on the other hand, from a neutral point of view, Biel/Switzerland is not really different from Greenwich/UK as a zero point.


It's an arbitrary choice, just like how Unix time is since 1970, or how UTC is timezone for Greenwich England.



Historical precedent and agreement make the choice no less arbitrary - 0 degrees could have been anywhere, there is no technical reason that Greenwich was chosen.


It says so right in the article.

Choosing Greenwich as 0-longitude meant that the International Date Line would be located in the middle of the Pacific Ocean, avoiding a situation where it could be two dates in the same country simultaneously.


Have you looked at the map for the IDL?

http://upload.wikimedia.org/wikipedia/commons/6/61/Internati...

That not jiggered by politics at all.


I thought we were talking about the "arbitrary" choice of Longitude 0. What's the political (and not economic) basis for the later IDL modifications?


That fails to make the first choice any less arbitrary - the choice was made to line up with existing sea charts - which of course used the Greenwich as 0 - but Greenwich as 0 was an arbitrary choice in the first place - not all arbitrary choices are bad ones, that was the crux of my argument in the first place.


Not to be too US centric, but the time standard should be set around New York City. Bankers in London and San Fran all work on NYC time.


What about non-bankers in London or the rest of Europe?


Do you mean that only bankers can afford a watch ? ;-)


Not in our case, we love startups reaching profitability by just raising a seed round. It's most of the time the best way to confirm that the business model is right.

It's also easier to raise a big round after that, invest a lot and grow.


Okay, how do you suppose to exit then? I take $150K from you, create a small SaaS service a la @patio11 and then start slowly crank up customer base, showing stable 10-25% y/y growth. I see no exit for your 15%


We sold Sparrow to Google with this model and the founders are now millionnaires. but this is not what I'm saying. You're reaching profitability first and you're building a big company just after. Market Size is the most important but it's not because your market size is big that you have to take risk and hit the wall without enough cash to survive. Profitability/Breakeven is giving you the time to raise as much money you need/want


As far as I know, it's $50K for 5% not $100K

So exactly the same postmoney valuation.


500 offers $50k at $1M or $100k at $2M (~5% regardless of check size).

Source: http://readwrite.com/2011/02/10/dave-mcclures-500-startups-a...

I added Kima15 to this investor database: https://docs.google.com/spreadsheet/ccc?key=0AszA0J0G-ptCdG1...


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