Cuil.com Search – A Startup Cautionary Tale

While there have been hundreds of startup search engine websites in the last few years, one such startup that actually started to gain momentum was Cuil.com. Going live in late July on 2008, Cuil was seen as a serious challenger in the industry and some experts thought that they could challenge Google eventually.
Cuil got much of its early fame due to its famous backers. Ex-Google employees Anna Peterson and Russell Power were joined by CEO Tom Costello, who formerly worked with IBM. Venture capitalists evidently also saw the potential and invested more than $30 million into the company.
When it launched, …read more