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> The members of Cuil have profited, learned and lost nothing - in other words, they are in an enviable position.

Don't be so sure they haven't "lost nothing". The VC community is pretty small and large profile failures like this don't go unnoticed. I'd imagine that they'll have a lot harder of a time raising this much money ever again.

Perhaps that won't matter to them, but then again if they have designs on another company this could have a negative impact on how that plays out.



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