5Min - How to raise 5M$
Submitted by ron on November 1, 2007 - 15:30
5Min has raised 5M$ from spark Capital. 5Min is a web site where users can upload short (5 minutes...) 'how-to' movies - and of course 'how-not-to'. Techcrunch says that the previous angel round was "painful" as they had to give 50% of the company for 300K$.
Previous coverage about 5min: