An Interview with Mahbod Moghadam of Rap Genius(getwakefield.com)

2 pointsby ovoxovor 13 Jahren1 comments

An Interview with Mahbod Moghadam of Rap Genius

http://getwakefield.com/2013/02/12/an-interview-with-mahbod-moghadam-of-rap-genius/

1 comments

ovoxovor 13 Jahren

The more I read about this kid, I'm baffled that a16z would invest such a large amount in the company. The product can be duplicated and currently only has a stranglehold on the rap-lyrics market - i.e. annotation for any other segment is still up for grabs and can be done by a duplicate product.

Having said that, the stability and reliability of the founder must have been taken into account in determining the value of the venture. $15/16 million or whatever the amount was seems crazy high considering how much of a loose cannon he appears to be. Wouldn't surprise me to see them slowly diminish his role.