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March 13, 2006

Accoona has raised $100 million to

posted by MR WAVETHEORY at 3/13/2006 08:48:00 AM
Accoona has raised $100 million to compete against Google according to MarketWatch. Today's NY Times has a profile on Accoona. The company is led by former Compaq CEO Eckard Pfeiffer. My sources mentioned that Pfeiffer was quite the dot com CEO, flying in jets with hot blonde secretaries and spending lavish cash on parties. We all know how Compaq ended up - getting gobbled up. The company also has ties to the Chinese government.

The Web site was started in China and the United States in November 2004, with Eckhard Pfeiffer, Compaq Computer's former chief executive, as chairman, and with the company's headquarters in New Jersey. The name Accoona, according to its Web site, is derived from the Swahili phrase "Hakuna Matata," which means "Don't worry, be happy."

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