July 3, 2008...5:43 pm

From the “ouch” department..

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And to remind us that even in rainbows, you can find a dark side, SAI reported on reality in the recent Kasenna fire sale that the folks here that lose are the investors. $90 million since 2000? What has Kasenna been doing with that money? I know personally I attended a ‘cowboy” themed party they threw in Texas two years ago, but I am sure that didn’t eat up the whole budget. I would have loved to see their burn rate - not that they were watching it.

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  • Holy Crap - this just shows that even the best ideas are not always the ones that brings home the cash. Sure would like to have been part of the branding case there with that burn rate :-)

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