Current TV Files for $100 Million IPO…
January 30th, 2008
...The Inconvenient Truth. Gore-Backed Current TV Files For $100 Million IPO; $63.7 Million 2007 Revs; Losses Mount | paidContent.orgWow, a company that's done nothing ever but lose money is filling for a $100 million IPO. Didn't Vonage already try this once?
Initially I really liked the idea of Al Gore's Current TV. I thought it would be really cool to watch. Then I tried watching it once, twice, three times.
It's as boring as watching a damn sand hourglass. I mean seriously, I'd rather watch re-runs of the (may he rest in peace) than Current TV. I mean, there's a reason most internet video is, well, internet video, right? And I mean myself included here. Trust me, I won't be winning any academy awards for my performance in photowalking videos. Give me a call if you want to do lunch though Al.
Maybe I'm not being fair and need to give Current a few more tries but, damn, $100 million. That's a lot of clams.
Good for you Al Gore if you can pull this one off. Personally I'd think you'd have been better off running for President of the United States or at least -- which was very very cool in a sort of way.
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