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[Churchill Club] How HotorNot.com started with $60K in debt

Story posted on: June 15, 2007


In October 2000, with no money, worse with $60K in debts and a prospect of paying $100,000 a month just for bandwidth, the founders of HotorNot.com were about to give up. But they gave it a last shot. Got a free PC from E-Trade (those were the "good old days") and stuck it on UC Berkeley's network. Eventually, they had to take it back as it was "sucking" 60 meg of bandwidth and cut a deal with "managed toasts" company Rackspace to host their site for free for the first year in exchange of publicity!

  (2)


User Comments

#0, erich , le 15/06/07 10:26 PM


LOL - "manage toast"... that´s the best categorization i´ve heard for what Rackspace etc do

#1, zehubert [TypeKey Profile Page], le 16/06/07 7:40 PM


I think that YouTube was paying $1M per month in bandwidth shortly before being bought by Google. I doubt that HotOrNot was consuming 1/10th of YouTube\'s bandwidth, especially if they were starting... May be they just had really bad prices.



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