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by yoseph
4548 days ago
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Their ambition isn't limited to the song meanings / annotations market. They wouldn't have raised $15m on that. Look at how they're branching out. PoetryGenius, NewsGenius, etc. They want to annotate the world's information. That's a huge market and with RG's excellent execution so far (everyone has missteps - remember that), it warrants a $15m bet. |
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For example, Rdio tried to do Vdio with video and look how that turned out.
Off the top of my head, I can't even think of one company that expanded to different categories successfully. It's difficult and really rare.