Did you hear?
Okay, so Elaine, Seth, and I have never been the cool, popular kids in high school, so we’re not really used to being the center of attention. Seth was the kid with asthma. Sandy had crazy bangs and braces. Elaine actually wore knickers to school one day. So imagine our reaction when the rumor mill reached us, and we hear that meebo is a popular topic around Silicon Valley. Friends-of-friends-of-friends told us that their friends-of-friends-of-friends were wondering whether A) meebo was going to stay small (could it last?), B) take funding from VCs (what’s the business model?), or C) get acquired by some company (would they really sell out?).
Being first time entrepreneurs, we’ve been asking ourselves the exact same questions, and after thinking about it long and hard, the answer is actually pretty simple: always do what’s best for meebo and meebo’s users.
We love that people like our service, and more importantly, find us useful enough to make meebo a part of their daily lives. Seth, Elaine, and I have worked very hard to keep your meebo experience the best that it can be — with our limited resources. Every day Elaine and I wish we had a few extra hours here and there to add one more requested feature. Seth wishes he had coffee in his veins! We’re growing at a fantastic pace, but the three of us are realizing that to uphold the high standard we’ve set for ourselves, we will need help. We want to see meebo flourish and based on long hours of thought and discussion, we’ve decided to take a first round of funding. As of 4pm Thursday afternoon, we’ve officially closed a financing round from Sequoia Capital. So, the answer is B. 
Many of you have asked, how is meebo a business? Well, we’ve got some great ideas, some of which are crazy, but some have the potential to be really interesting. There are easy, traditional ways of making money (no worries, flashy, invasive ads aren’t our answer!) and there are many other possible paths that we’re going to explore — all of which will be subject to user feedback and critique, as usual.
Bottom line is, meebo’s all about user experience — with funding, or without, that will never change. We will always strive to build a great user product, and we hope that you’ll love what we have in store.
cheers,
sandy
December 16th, 2005 at 6:41 am
congratulations!
December 16th, 2005 at 7:16 am
Meebo receives funding from Sequoia Capital
Sooo it seems the rumors have been true: the ajax / web-based instant messenger site named meebo took external funding from Sequoia Capital to fund future growth and business development. Nice to hear keeping in mind they’ve been around the block only…
December 16th, 2005 at 7:51 am
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December 16th, 2005 at 9:07 am
[...] without (IMO) a proper business plan. How are they going to make money? Through ads I believe… # Tags: meebo, VC, web 2.0. Bookmark this ondel.icio.us // Used for showing and hiding user information in the comment form function ShowUtils() { document.getElementById(“authorinfo”).style.display = “”; document.getElementById(“showinfo”).style.display = “none”; document.getElementById(“hideinfo”).style.display = “”; } function HideUtils() { document.getElementById(“authorinfo”).style.display = “none”; document.getElementById(“showinfo”).style.display = “”; document.getElementById(“hideinfo”).style.display = “none”; } [...]
December 16th, 2005 at 9:49 am
Meebo- 1st round funding.
Earlier today, the web-ajax based messaging service Meebo posted the confirmation to rumors of it getting funded. Meebo team posted here the news about Meebo getting its first round of funding from Sequoia Capital.
Apart from its support for top mess…
December 16th, 2005 at 11:26 am
[...] Meebo confirmed the rumor that they have received funding from Sequoia Capital on their blog. Congratulations to everyone involved. Tags: meebo, sequoia, venturecapital, techcrunch, web2.0, web+2.0 Categories: Profiles, Social Networking | Bookmark this post with del.icio.us [...]
December 16th, 2005 at 12:39 pm
Meebo Funded
Looks like Meebo got funded by Sequoia. I’m not seeing a business model here, but then again, who knows. I can tell you though, that very soon Meebo is going to find themselves on the block lists of all of the major firewalls. When that happens they’…
December 16th, 2005 at 1:17 pm
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whats up ??? meebo made me really happy
December 16th, 2005 at 1:52 pm
[...] Update – they’ve just been funded by Sequoia. Whoa! Cat: [...]
December 16th, 2005 at 2:04 pm
Very good! The proven business model for Web 2.0 is to get funded by VC until a major buys you out
We are thinking of choosing this model! The VC investors has already got a presentation from us! Let’s see how soon we are going to join you!
December 16th, 2005 at 8:11 pm
Wonderful news everyone. I suggest Aeron chairs for all.
Keep up the great work!
-Ian
December 16th, 2005 at 8:23 pm
haha Ian…aeron chairs ain’t gonna happen…Sandy and Elaine would SHOOT me if i even verbalized such a thought
December 17th, 2005 at 1:08 am
Ummm, to the meebo staff, really really thanks a lot for making meebo! Because of meebo, our whole class was able to help each other in our lab sessions since the school doesnt allow IMs installed in the PCs. It’s quite a long story, but I am happy to say that meebo has been a part of our success!
Thanks again and keep up the good work! Hope you guys won’t resort to ad bombing! lolz~
December 17th, 2005 at 4:51 am
Congrats!
We made cool meebo t-shirts: http://bubble2.com/
December 17th, 2005 at 5:54 am
Well just to reaffirm that meebo is such a hot topic in the valley, there has been a few discussions on meebo in internal Yahoo dev mailing list. Most people have positive things to say, but the paranoid (security) people here were unhappy that we are willing to give out our password to random website. All I have to say is that meebo is not “random” anymore! It’s prettiest looking web-base cross IM client and that its poplarity is well deserved. Keep up the good work! ( But just don’t let us catch up to ya
)
December 17th, 2005 at 9:18 am
IM HAZARDOUS INVESTMENT
Meebo, a web based Instant Messenger, has just raised 34m USD with the prestigious VC Sequoia Capital. Meebo offers in one service access to MSN, YAHOO MESSENGER, AIM, ICQ, GTALK AND JABBER. OK meebomight be a cool service but
December 17th, 2005 at 10:51 am
cool… go meebo!
December 17th, 2005 at 12:48 pm
hay waz going on? i am new to this and i was lookin 4 some 1 2 talk 2? well if u no n e 1 can u plz send 2 me! thanxs!
December 17th, 2005 at 12:51 pm
Good job to all involved. I use meebo many times a week, and always find it to be an invaluable resource and site. Now, if you could only get a conversation log feature…
December 17th, 2005 at 1:16 pm
uuuu you don’t imagine how far is meebo used!!
an idea??
i live in Chile…
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good luck!!!
oh…everybody here use meebo…
December 17th, 2005 at 2:20 pm
[...] En el blog oficial de Meebo, Sandy comenta: Many of you have asked, how is meebo a business? Well, we’ve got some great ideas, some of which are crazy, but some have the potential to be really interesting. There are easy, traditional ways of making money (no worries, flashy, invasive ads aren’t our answer!) and there are many other possible paths that we’re going to explore — all of which will be subject to user feedback and critique, as usual. [...]
December 17th, 2005 at 4:35 pm
Meebo and the Coming Battle For the Software Long Tail
I’m extremely disappointed at the lack of vision (or maybe just imagination?) here in the valley. Meebo just raised ~$3.5M at a pre-money of ~$10M from Sequoia and all we get is a collective moan and groan from the blogosphere on what the hell …
December 17th, 2005 at 8:29 pm
Congrats everyone. Can’t wait to see meebo go past alpha, or even beta =)
December 17th, 2005 at 10:08 pm
Wow! how did you get in touch with Walt Mossberg? That is impressive!
December 18th, 2005 at 1:01 am
This kind of great news requires Coke diet deluxe, fellas =)
Congratulations!
I’m excited to see where being funded is going to take meebo.
Although i’m not much of a business person i see some possible setbacks. Competition for example. With more and more publicity, some people might want to push into the business themselves. Another is future products/applications. Will it still focus around IMs?
I trust Sandy, Elaine and Seth to turn meebo into a successful business, but that’ll take some time i fear. I am however looking forward to see if they’ll employ more people to help around and perhaps not live in poverty
December 18th, 2005 at 11:41 am
[...] For a while, the word on the street has been that Meebo, barely 13 weeks old has been out raising some cash. But did they? Apparently yes! The amount of money they have raised is $3.5 million, at about $9 million pre-money valuation from Sequoia Capital, and Roelof Botha has joined the company’s board. The company has been growing pretty rapidly, about 250,000 logins and 7 million messages as of yesterday, and the Meebo Musketeers have built a good platform. [...]
December 18th, 2005 at 5:06 pm
[...] Once Sandy from meebo announced the funding (BTW, Sandy looks familiar, I think I went to high school with her), both Om Malik, Paul K, and their readers (read the comments at TechCrunch too) wondered aloud why a thin client IM aggregator deserves to get funded by Sequoia of all firms. I suspect the key metric that got the partners over there excited wasnt their incredible week over week user growth but the average duration of the visits. Because IM is the stickiest of all apps, Meebo has essentially created a persistent connection/relationship with their users . . . the first requirement for becoming the third “desktop” . . . (windows and the browser were the 1st and 2nd). [...]
December 19th, 2005 at 12:20 am
way to go meebo. congratulations. keep up the good work. as for advertisements . i think meebo users wouldnt mind an ad or two, during logins or something. great work
December 19th, 2005 at 4:05 am
[...] Zoals al werd gespeculeerd heeft Meebo openbaar gemaakt dat ze de broodnodige (kuch kuch proest stik) capital binnen hebben. Dan blijft er nog maar 1 ding over: overname. Wie zal het zijn en wanneer. [...]
December 19th, 2005 at 7:33 am
[...] source 1 | source 2 [...]
December 19th, 2005 at 2:03 pm
[...] As I’ve persevered against the odds, and over the last six months build a company that exceeded my goals and expectations. I’ve been watching this pessimism build up over the months, and it’s ironic that you make this decision when some very exciting and validating things are happening for myself and others in the community. [...]
December 20th, 2005 at 6:24 am
Hi guys…
Several propositions for you to make your message aggregator compete with Trillian and GAIM (it’s cool, but needs some additions IMHO):
Support for RSS feeds reading
Support for email notifications (MSN, Yahoo, Google Talk)
Full support for bidirectional writing (Hebrew, Arabic and othe ME languages – because neither Trillian nor GAIM have it
Release of a desktop client (if fits your business model – but I think this client should be released anyway)
Regards,
Alex.
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Bubble 2.0 ?
December 22nd, 2005 at 10:04 am
[...] Thanks Paul, but we’re hoping that in 2006 we’ll have something new to snark about. This Web 2.0 business is getting too ridiculous for snark. I mean, how can we top a story like this one? Stranger than snark, I tell ya. [...]
December 22nd, 2005 at 3:57 pm
Wow. These guys don’t even have a link from this blog entry to their main web site. Maybe Meebo will hire someone with a little consumer e-marketing savvy. Every page should have a “banana” that will lead visitors to a place to sign up and try Meebo. It should be clear and simple, like “Click here to try Meebo!” or even “Visit our home page.”
Good luck, though. Neat product.
December 25th, 2005 at 10:49 pm
wow. congrats.. so are u guys hiring now??? would love to work with you ppl on meebo.
December 29th, 2005 at 7:27 am
[...] La noticia de que Sequoia, uno de los VC’s más importantes del Silicon Valley y uno de los que más éxitos lograron, puso u$s3,5 millones en meebo dándole una valuación actual de u$s 9 millones es un indicador de que hay una nueva burbuja en el aire. [...]
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[...] The web-based instant messenger application meebo has received first-round funding from Sequoia Capital, as meebo confirmed last Friday. The funding is rumored to be between USD 3.0m and USD 4.0m with USD 9.0m pre-money as sources reveal. [...]
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[...] confirmed (Dec ‘05) that they have received funding from Sequoia Capital on their blog. Meebo.com is a [...]
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[...] for instance this old page from the meebo blog were it reads: Many of you have asked, how is meebo a business? Well, we’ve got some great ideas, [...]
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We love that people like our service, and more importantly, find us useful enough to make meebo a part of their daily lives. Seth, Elaine, and I have worked very hard to keep your meebo experience the best that it can be — with our limited resources. Every day Elaine and I wish we had a few extra hours here and there to add one more requested feature. Seth wishes he had coffee in his veins! We’re growing at a fantastic pace, but the three of us are realizing that to uphold the high standard we’ve set for ourselves, we will need help. We want to see meebo flourish and based on long hours of thought and discussion, we’ve decided to take a first round of funding. As of 4pm Thursday afternoon, we’ve officially closed a financing round from Sequoia Capital. So, the answer is B.
———————————————–
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We love that people like our service, and more importantly, find us useful enough to make meebo a part of their daily lives. Seth, Elaine, and I have worked very hard to keep your meebo experience the best that it can be — with our limited resources. Every day Elaine and I wish we had a few extra hours here and there to add one more requested feature. Seth wishes he had coffee in his veins! We’re growing at a fantastic pace, but the three of us are realizing that to uphold the high standard we’ve set for ourselves, we will need help. We want to see meebo flourish and based on long hours of thought and discussion, we’ve decided to take a first round of funding. As of 4pm Thursday afternoon, we’ve officially closed a financing round from Sequoia Capital. So, the answer is B.
———————————————–
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