The investments came in in 1/07 and 4/07 - a total of $315,000.00 - which if you break it down leaves barely ramen money for two founders and business expenses.

The fact that co-founder Pandit spent a full two years on this start-up is nothing to be ashamed of.

Lots of us here know the acute pain of a start-up that fails to get traction, and considering that he kept beating the drum even after seeing his co-founder leave is a huge testament to his character.

This is a terrible example on TechCrunch's part to illustrate a point they want to support about young entrepreneurs taking advantage of angels.

Can't blame them for trying though right?