Cuil Priced at $200M Despite Flop

Cuil Priced at $200M Despite Flop

Stakeholders valued the recently introduced search engine Cuil at an overwhelming amount of $200 million post-money in December. This is regardless of how scantlily Cuil is received in the market.


The valuation was questioned by several critics as it was deemed to be too recklessly high. Cuil's lead investor  Madrone Capital Partners, who fixed the amount, took most of the blame for the appraisal. The investors have not yet released any official comment on the issue as well as the other financiers of the project.



Cuil is a search engine that organizes web pages by content and displays relatively long entries along with thumbnail pictures for many results. It claims to have a larger index than any other search engine, with about 120 billion web pages. It was launched on July 28, 2008 and never got rave reviews since then.