With former Google engineers at the helm, Cuil had an incredibly high profile launch amidst great hype (props to the PR firm).
Almost immediately after launch, however, Cuil experienced server performance and availability problems.
When service was finally restored, Cuil suffered the worst criticisms of all - the usability and relevancy of the search results were well below expectations.
One month after the launch, Cuil's VP of Product quietly stepped down to a consulting role.
And, as reported by Net Applications, Cuil traffic has now dwindled to near-zero usage.
Prediction: Cuil will cease operations by end of June 2009.
Judgement can be made earlier with a formal announcement made by Cuil or the mainstream media. Otherwise, judgment will occur July 1, 2009.
Current Community Consensus 54%| Betting Closes: | Jun 23 2009 | Current Consensus: | 53.74% | Total Bets: | 30 |
| Today's Change: | 0% | ||||
| Life Time High: | 53.74% | ||||
| Life Time Low: | 40.13% |
Comments
Cuil had $33M in 2 rounds of VC funding and has only spent $7M at launch. 3rd round financing might not be as easy given its launch debacle. However, remaining $26M can easily afford Cuil to stay afloat and in operation beyond July 2009 since the business is not a capital intensive one
http://seekingalpha.com/article/87581-cuil-s-not-a-story-but-26-million-...
Post new comment