Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Businessweek Archives

Riya: Not for Sale (At Least Not Yet)

? News Rating Service Readying Pilot Launch |


| Now I Know Why Ringtones Are a $500 Million Industry ?

December 19, 2005

Riya: Not for Sale (At Least Not Yet)

Rob Hof

A few weeks ago, seemingly every A-list blog had Google buying the photo service Riya, which won't even launch to the general public until the Demo conference in February. (You didn't read about the deal here, though, since the rumors couldn't be confirmed--apparently for good reason.) Now, Riya CEO Munjal Shah has the word on his blog: They're staying independent, at least for now. Investor Peter Rip explains what's really been going on:

We were in the middle of a financing. Plain and simple. And Riya had multiple attractive options. None of us commented because you don't talk about stuff until it's done.

Of course, anything can still happen, as even Munjal's and Peter's posts seem to indicate. But for now, it's nice to see a company going its own way instead of selling out to GYM (Google, Yahoo, and Microsoft).

01:16 PM


TrackBack URL for this entry:

Many companies such as Riya are spending next to nothing on marketing, yet achieving great results and publicity. Take for instance companies like and Entellium, with less than 1% of the marketing budget yet are acomplishing great results as well.

I think the good technologies must stay away from VC money, until they grow their business the Riya way.

Posted by: CRM Dog at November 29, 2006 02:17 PM

blog comments powered by Disqus