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Week 9
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March 6, 2007


TUE
6
MAR
2007

Geni is valued at $100 MM. Sampa will surpass Geni reach.

By Marcelo

 

    Today it was announced that Geni.comOpen in a new window has raised $10 million on a valuation of $100 M. That is quite a handsome sum of money. According to TechCrunchOpen in a new window they claim to have 100,000 registered users and 2 million [tree] nodes.

 

     First of all, 2 million tree nodes don't mean anything. 100,000 registered user is what matters, and according to Alexa Open in a new windowquite a few of those registered users are non-Active and don't even visit the site. 

 

    Actually, on the next couple of weeks Sampa will surpass Geni in reach. Of course, this might change because of the TechCrunch readers going to Geni (a luxury that we don't have).

 

    It is funny to see companies that raise a large (sometimes huge) venture capital round and they are either flatline, or were just hype. Meanwhile, Sampa continues to grow at a steady and healthy rate.



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