Sounds like a stomach problem - Charlie Anzman

Wow. Well, you never know - it says "Entertain your friends ;)" on there - but this may turn out to be a great example of the art of selling your ideas to investors who dont really know better. I.E. not really a market affirmation. - Andrew Baron

we throw this bubble term around too much, until i see everyone working only in social media and not in other trades i call bs on that. Oh wait I just went to the site, uh err ;) - adolfo foronda

Definitely scary given the lack of monetization in such services. Sure, entertainment can be a real business - but the company should know how to turn it into one. - Svetlana Gladkova

$8 millions for just a playlist creator? omfg. - Apostolos Papadopoulos

Doom! Dooooooooom, I say! Congrats, looks like you'll have a paycheck for a while. - JD Lasica

I can't figure out what compelled them to combine video and products... - Brady Brim-DeForest

Hi Robert, could not find it in Techmeme, who did they raise from? Interesting... - Loic Le Meur

being in a bubble and seeing companies over funded is totally different. startup overdosis will calm over time. but there is no industry collapse ahead. ad dollars, ecommerce and internet penetration are progressing. so for me no worries - Ouriel Ohayon

Loic: I'm not sure. I got this on Google Reader. - Robert Scoble

no Crunchbase information or it's like Techmeme? - Apostolos Papadopoulos

@Loic : [Seed - 3/07 - Alsop-Louie Partners, Peter Thiel > $1.65M] ; [Series A - 4/08 - Draper Fisher Jurvetson, Alsop-Louie Partners > $6.5M] via crunchbase http://snurl.com/3hbr0 :) - Will DeLuca

Wow! $6.5M from a single funder? - Apostolos Papadopoulos

haha, wow funny that I found out about the funding through friendfeed first seeing as I know a good amount of the people at that company - Danish Khan from twhirl

A small bubble. Not as bad as the Dot Com bubble. - Michael McGimpsey from twhirl

Well let's see, property and stock markets are down in many countries and there is constant talk of a world economic slowdown. If the tech sector isn't in the same situation, all this is bound to have some flow-on effect sooner rather than later. No, I don't think there is a bubble. - jjprojects

jj: yes, but there are still a lot of companies who have funding that the overall market will not reward. I think there's a bit of a bubble in that there's a lot of people who have gotten funded by VC firms who haven't yet felt the more general economic pain that's out there. - Robert Scoble

Amazing....We have a solution that fits perfectly in the current economic situation and these guys get 8 million? - Brad Nickel

Of course we are in a bubble. that's the way our economy works now. The reason is that we have too many unregulated speculators in the markets today. - Bob Blunk

I would call this "statistical occurrence." It is pure statistics, not a bubble. There are many samples of similar nature which occur. The higher the size of the sample (overcrowded online entertainment market) the more likely is the occurrence of a highly-improbable event. Funding such a startup as redux would otherwise be improbable. good thing about stats is that 90+% of it is there to support the few. - Hayk H.

Bubble = Slide.com = $500MM - Sprague D

No, I think that's just a random blip. Silliness like that happens all the time, bubble or no. - Brent Newhall

wow. that's very encouraging for Phreadz ;) lists or trees ;) - kosso