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And the Weeblies? They completed their angel round—$650,000, with the money coming from a consortium that includes Conway, Maples and Paul Buchheit, the former Googler who wrote Gmail. What did they do to celebrate? "We had a beer or two and then we went back to work," says Rusenko. This month they're returning to State College—to graduate with their class as Silicon Valley heroes.

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Member Comments

  • Posted By: salma23 @ 06/25/2009 4:22:31 AM

    This is such a great news for the startups. i am 23 years old and zero dollars to my name, but i have a great idea. i am going to sign up for the winter time in january , God willing i get picked. it takes money to make money. the idea i have will help millions and in return the company will make tons of money back.
    God Bless
    Salma
    Myutter.com

  • Posted By: enovikoff @ 05/05/2008 1:10:45 AM

    This bubbly piece perpetuates the myth that startup founders are young, insanely smart, and destined to succeed - a myth which belies the truth that investors want solid applications that will make their investments (or the investments' buyers) money in the short term. The ideas for these startups are increasingly coming from people who've had enough experience to see where the people with the money - business - have pain. po

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