Gotta love TechMeme – for bringing out great debates.
Here’s how two reputable sources came to completely different conclusions regarding the same event, in this case NewsGator’s funding.
R.I.P. Enterprise RSS –says ReadWriteWeb:
The Market Doesn’t Look Good
Newsgator, one of those three companies, announced today that it has closed another round of funding, unbelievably it’s the 6th time the company has required an infusion of cash. Years after Newsgator launched, it appears to us that the funding is a life-support line for a company that has largely left enterprise RSS behind and has been humbled into selling advertising widgets. After acquiring Mac and Windows RSS readers that are still the best products in their class, NetNewsWire and FeedDemon, and after launching the best mobile RSS reader on the market – Newsgator almost never talks about its RSS products anymore.
VentureBeat has a different take: Newsgator’s focus on RSS for business is paying off
RSS services provider Newsgator has focused much of its effort over the past year on developing products for businesses, and that effort seems to be paying off. The last two quarters were the company’s most profitable ever, partly because it has landed major clients across industries like finance, manufacturing and aerospace.
Who is right? Hmm… I do not know.. but I am sure we’ll see a lively debate in the next hours/day.
Update – yes, it started: