Khmerload.com site to receive Silicon Valley funding.
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Khmerload.com site to receive Silicon Valley funding.
PHNOM PENH — A Cambodian entertainment news website modeled on U.S. media giant Buzzfeed is set to receive funding from a major Silicon Valley investor, the first time a local start-up has benefited from such backing.
Khmerload launched five years ago, producing viral hits that swept social media, and has now secured a $200,000 investment from 500 Startups, a global venture capital seed fund based in California.
In Vichet, Khmerload’s founder and CEO, said the funding had put the value of the company over $1 million.
The tech entrepreneur said in addition to a strong team and product, he had to show investors the website, khmerload.com, was scalable and could produce a return on the investment.
“So we showed them that we are in the top three websites in Cambodia. We also have traction in Myanmar, where we recently expanded. So they see that we have done a lot while already generating revenue. Some Silicon Valley investors even invest in startups that do not generate income, but in our case we were already making money, so they saw our potential.”...
http://www.voacambodia.com/a/cambodia-b ... 78905.html
Khmerload launched five years ago, producing viral hits that swept social media, and has now secured a $200,000 investment from 500 Startups, a global venture capital seed fund based in California.
In Vichet, Khmerload’s founder and CEO, said the funding had put the value of the company over $1 million.
The tech entrepreneur said in addition to a strong team and product, he had to show investors the website, khmerload.com, was scalable and could produce a return on the investment.
“So we showed them that we are in the top three websites in Cambodia. We also have traction in Myanmar, where we recently expanded. So they see that we have done a lot while already generating revenue. Some Silicon Valley investors even invest in startups that do not generate income, but in our case we were already making money, so they saw our potential.”...
http://www.voacambodia.com/a/cambodia-b ... 78905.html
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Re: Khmerload.com site to receive Silicon Valley funding.
"So we showed them that we are in the top three websites in Cambodia."
lolz
there are only three!
lolz
there are only three!
i am on these blocked lists;
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
pucketrichard
hotdgr
sailorman
rozzieoz
stroppychops
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Re: Khmerload.com site to receive Silicon Valley funding.
i saw the word load and silicone in the title,
im disappointed
im disappointed
Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks
Punchy McShortstacks School of Hard Knocks
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