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	<title>Pulse2 Technology and Social Media News &#187; I&#8217;m In Like With You</title>
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		<title>How Did I&#8217;m In Like With You Raise $1.5 Million Investment?</title>
		<link>http://pulse2.com/2008/06/26/how-did-im-in-like-with-you-raise-15-million-investment/</link>
		<comments>http://pulse2.com/2008/06/26/how-did-im-in-like-with-you-raise-15-million-investment/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 21:22:11 +0000</pubDate>
		<dc:creator>Amit Chowdhry</dc:creator>
				<category><![CDATA[Baseline Ventures]]></category>
		<category><![CDATA[Betaworks]]></category>
		<category><![CDATA[I'm In Like With You]]></category>
		<category><![CDATA[Spark Capital]]></category>

		<guid isPermaLink="false">http://pulse2.com/?p=3805</guid>
		<description><![CDATA[I often times write blog posts about companies that raise money and immediately think to myself, &#8220;how could a company with an idea that an elementary schooler can come up with raise this much?&#8221;Â  I&#8217;m In Like With You is &#8230; <a href="http://pulse2.com/2008/06/26/how-did-im-in-like-with-you-raise-15-million-investment/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><img class="alignnone size-full wp-image-3804" title="I'm In Like With You Logo" src="http://mediaserver.pulse2.com/uploads/2008/06/iminlikewithyou-logo.png" alt="I'm In Like With You Logo" width="209" height="70" /><br />
I often times write blog posts about companies that raise money and immediately think to myself, &#8220;how could a company with an idea that an elementary schooler can come up with raise this much?&#8221;Â  I&#8217;m In Like With You is no exception.Â </p>
<p>The site even boasts how many hours have been wasted on the site on each game: over 2 million on <em>Draw My Thing</em> itself.Â  I have to admit that the design of the site is pretty sweet, but $1.5 million for a site with a few Flash games is pretty substantial.Â </p>
<p>What are they doing with the money?Â Â Founder Charles Forman will be expanding the I&#8217;m In Like With You team starting with Poojitha Preena from Skype as the company&#8217;s COO.</p>
<p>The funding was led by Spark Capital.Â  Baseline Ventures, Betaworks, Ron Conway, and Marc Andreessen also participated in this round.Â  This is I&#8217;m In Like With You&#8217;s first round, but they received seed funding last year too.Â  I&#8217;m In Like With You used to be a social network for flirting before they switched to online gaming.</p>
<p>I&#8217;ve tried a couple of the games and they were sort of fun, but I became bored pretty quickly.Â  Sometimes the experience can be unpleasant because chatroom bots and send mass messages that prevent you from being able to communicate with other users.</p>
<p>I think I&#8217;m In Like With You is an interesting idea, but how will it continue to make itself useful to society in the long-run?Â  That&#8217;s the 1.5 million dollar question.</p>
<p>The website is located at: <span class="a"><a href="http://www.iminlikewithyou.com/">www.iminlikewithyou.com/</a></span></p>
<p>Â </p>
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