JS-Kit raises $3.6M in series B funding
A few weeks ago, Mahalo's Jason Calacanis (who founded Weblogs Inc. and Download Squad) issued an e-mail missive (now posted here) predicting that 80% of all web 2.0 start-ups would fail to reach the next round of funding or profitability. The man makes some good points, and the tenuous economic climate is already leading to start-up layoffs and reduced expansion. Fortunately for the web industry, ...





