Techcrunch post detects whole stockpile of smoking guns in Sam Sethi saga

This is getting ridiculous.

Michael Arrington weighs in with a mysteriously received dubiously dated Blognation term sheet for a half million pounds from Secora, and ailing British Venture firm. The post is the tip of the dirtpile. Read the comments and watch the story unravel.

Comments

[Kevin OKeefe]

500k for 25% of the company, even if real, would make for a pretty tough come back. You can burn through 500k pretty fast if you don't have a strong recurring revenue base.