According to Stephen Baker’s Blog, Turn.Com has $10 million in venture funding, and some 16 PhDs in-house.
One does ask however, isn’t that alot of money thrown at the pie in the sky idea of taking out Google, Yahoo and MSN?
10 million is alot for an inital investment but nothing compared to what Google, Yahoo and MSN are spending on their development. We would be shocked to see a new upstart such as turn.com gain market share against the big three. However as the product has not yet been launched, we have not had the chance to see what they are building in action.
At the same time, in the late 1990’s, Google was unheard of.