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Gaia Online gets some $$$? Goto Page: 1 2 [>] [»|]

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What will Gaia do with all that cash?
Make Gaia better!
30%
 30%  [ 19 ]
Make Gaia more complicated.
14%
 14%  [ 9 ]
Ruin Gaia! D:<
9%
 9%  [ 6 ]
Lanzer, LOcke, and VO will take it and leave the country! XD
20%
 20%  [ 13 ]
Boost the site with rocket power!
6%
 6%  [ 4 ]
I don't know. . .
19%
 19%  [ 12 ]
Total Votes : 63


Strideo
Crew

PostPosted: Wed Jul 19, 2006 3:40 pm


http://en.wikipedia.org/wiki/Gaia_Online
Traditionally, the site has relied on donations from members to stay active. However, in June 2006 it was reported that Gaia Online received nearly $9 million in venture capital funding from Benchmark Capital and Redpoint Ventures.



http://mashable.com/2006/06/19/gaia-online-gets-893m-for-anime-community/
Quote:
California-based Gaia Online has taken $8.93 million in VC funding, reports Alarm:Clock - investors include Benchmark Capital and Redpoint Ventures. Gaia is a youth community inspired by manga and anime - it launched in 2003 and has more than 3.5 million registered users. The site began as a collection of anime links, and it claims to host the biggest web-based forum in the world (over 600 million posts).
PostPosted: Wed Jul 19, 2006 3:44 pm


wow. I do wonder what they do with all that funding.

Not Importante

Noble Lunatic


crazydude444292

PostPosted: Wed Jul 19, 2006 4:12 pm


how about finally release the battle system?
PostPosted: Wed Jul 19, 2006 4:17 pm


Twiddle their thumbs. biggrin


zentlair

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PostPosted: Wed Jul 19, 2006 5:54 pm


Ho-shoot..that's a ton of money.. whee
PostPosted: Wed Jul 19, 2006 5:58 pm


Line their beds will the bills and call it a night. 3nodding

Jackalope2
Crew


Strideo
Crew

PostPosted: Thu Jul 20, 2006 4:54 am


The article doesn't say what Gaia plans to use the capital on or how much the venture captalists hope to gain or by what means Gaia Online will use to make a profit for them. Maybe a combination of donation items, advertising, and merchandise?
PostPosted: Sat Jul 22, 2006 12:12 pm


*Moved to IDT*

Zphal
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Cornelius loh Quatious

PostPosted: Sat Jul 22, 2006 9:58 pm


Perhaps it would be best to ask the Powers That Be directly in a well-spoken and non-judgemental private message?

Honestly I believe that the money will be put to good use, as most of the higher-ups already do work for the site totally out of the goodness of their hearts on a totally volunteer basis, in addition to actual jobs, careers, school, and other grown-up stuff. I'm sure they all have bills to pay, and any help that they get with those means more time and energy to improve the site as a whole. Also, that much money is probably more than enough to keep the site's server space growing and lasting until the end of the world.

The Powers That Be have not yet given me a reason not to trust them with a large sum of money, so I'm going to give them the benefit of the doubt and say that they'll put it to good use. However, money does change a lot of people, so I would do my best to let them know that the money came from the support of all the members on this site, whether active or not.
PostPosted: Sun Jul 23, 2006 3:04 am


Wow, gaia makes so much money!! I really don't think the donation items should cost so much stare .

Duchessa

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P34ch35

PostPosted: Sun Jul 23, 2006 3:43 am


Dunno, maybe they'll assimilate other sites for the fun of it.
PostPosted: Sun Jul 23, 2006 1:06 pm


Paying to keep the server going. It gets expensive...

Awaterybeginning


AngelSong0

PostPosted: Sun Jul 23, 2006 10:44 pm


Agreed. Its probably mostly to keep the servers going.

You have to figure that to run a site you need to pay for:

1. bandwidth
2. hosting
3. maintence
4. other expenses like electricity
PostPosted: Mon Jul 24, 2006 10:00 pm


Last time they said they didn't have money to make gaia a new site. I wish they still didn't! Why waste money on this site that my opinion don't like

[P]issed


predatorywasps

PostPosted: Sat Aug 05, 2006 10:24 am


crazydude444292
how about finally release the battle system?

I thought that was just a myth sweatdrop
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