XuQa Innovates

September 12, 2006 at 6:24 pm 2 comments

xuq.jpgMy friends, Murtaza, Ali and Prosper of XuQa.com announced something really cool today – they’ve broken even!

Its really hard to call Web 2.0 companies ‘businesses’ for the simple reason that most of them don’t have revenue, don’t plan on developing (or rather can not) any significant revenue streams in the near future and hence, exist solely to provide cool services while the VC money is burning the stove. End result: You get features and micro-services masquerading as companies.

Worryingly, you have respected investors like Paul Graham of YCombinator urging entrepreneurs “not to sweat the business model too much“.
The guys at XuQa have taken that first step towards making a real Web 2.0 ‘business’. Rock On.

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Entry filed under: Business, Tech, Web 2.0.

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2 Comments Add your own

  • 1. Ali  |  September 12, 2006 at 6:44 pm

    hotness =) thanks for the love man!

    Reply
  • 2. XuQa Poker Challenge « Random Scribbles on New Business  |  September 24, 2006 at 2:50 am

    […] XuQa.com, the social networking/online “real” game site I previously blogged about, is having an online amateur Poker challenge on the 28th. Everyone is invited to play and the (total) prize is a cool 8 grand (10 winners), sponsored by PartyPoker. Not a bad for a lazy days work. Click here to get in on the action. Membership and admission is free. […]

    Reply

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