[neya]

Honestly, this was coming and everyone knew it. Only an illiterate would believe in someone trying to get rich building just forms. Sigh, I wish only one thing - That more people realized that you need to solve problems instead of trying to build the next cool thing! I wish this 14 million was donated to something else that could have impacted our lives - Like a new motor technology or an electric car. I can't imagine anyone rational funding 14 million on a company that had just forms (for consumers) as its business model.

Personally, I stopped using this service the moment it started spamming my inbox with boring questions.

[aptwebapps]

Wufoo exited for 35 million. Although they didn't take 14 million in investment: just 118,000 according this:

http://techcrunch.com/2011/04/25/wufoo-35-million-surveymonk...

[neya]

I think Wufoo solves a REAL problem - Collection of useful data. That's why it appeals to businesses and enterprises.

Whereas Formspring was more like a third party Facebook status box that served no real purpose (Their slogan was "Formspring is the place to share your perspective on anything."). The difference lies in the target audience - One was aimed at the consumer and the other at the enterprise.

[aptwebapps]

Oh, I didn't know that. I thought they were a generic form site that pivoted into surveys.