Read this post. It hammers so many things. 1. Why all the crazy high pre-revenue evaluations are useless 2. How not to run a business 3. How not to treat your employees I'm mind-blown. Their site is pure SHIT. Their concept is pure shit. They went in thinking they could rent "sports sites" with RSS feed content to people for $20k a month. Anyway, read it...something in there for everyone. It is worthless "companies" like this that suck VC money and never produce a dime. Comical.