BitTorrent receives $20 million – CEO stays put
Posted by rexdixon on November 30, 2006
According to the latest news, BitTorrent has announced that it received $20 million and that Bram Cohen is staying put. Everyone had reported numbers from $15 – $25 million this week. Also it was reported that Bram was out the door. That was put to rest earlier today. Bram is sticking around for the $20 million show. He wants to lead the charge so to speak. That charge of course is their nice sweet movie download deal that was announced on Wednesday that will be starting in early 2007.
Technically Speaking, it’s quite interesting watching a story go from rumor, to solid rumor to final fact.