Digital Sky Technologies, the Russian venture capital firm that has invested $400 million in Facebook, has apparently made an offer to buy a piece of Chatroulette, the webcam network where you can chat with random strangers.
According to Spiegel Online, DST made an offer to 17-year-old Andrey Ternovskiy to buy a piece of his booming website. He has yet to say yes though, as he is traveling to the U.S. to speak with American venture capitalists before taking any investment.
Multiple venture capitalists have apparently expressed interest in Chatroulette, which has more than 1.5 million visitors per day and a reputation for, well, extraordinary amounts of male exhibitionism. Some of the potential investors may include Google, Union Square Ventures and Skype.
Look, we understand why people would want to invest in Chatroulette: It’s hot, it’s fast-growing and it’s taken the web by storm. However, as we argued in an article earlier today, we believe that Chatroulette is unlikely to be the next Twitter — its primary functions are novelty and shock factor, not utility.
Unless Mr. Ternovskiy has a plan to turn the site into a legitimate business (with the male genitalia completely removed), we have a tough time seeing Chatroulette as a smart investment.
Do you agree? Would you invest in Chatroulette? Let us know in the comments.
Tags: business, chatroulete, facebook, social media, twitter
