Omnidrive - Is This The Sad End?

Interesting tid-bit.

Omni was listed in the top 100 web2.0 software companies in Australia ~ http://rossdawsonblog.com/weblog/archives/2008/06/official_l... and listed in a local biz mag ~ http://www.brw.com.au/searchresult.aspx?search=Top+100+Web+2... So I contacted a Journalist, Renai LeMay ~ http://twitter.com/bootload/statuses/850502396 at ZDNet Aus who had direct knowledge of the list (I forget how, I think he helped compile the list with Ross Dawson) to ask why Omnidrive was listed when it appeared to be dead? I got an interesting reply ~ http://twitter.com/renailemay/statuses/850550575 Now this was back in July this year.

So the question is why is an Australian, top 50 BRW web2.0 company got a dead site, no feedback and poor reputation? ~ http://www.google.com.au/search?q=Omnidrive+Nik+Cubrilovic

Ironic for the homepage that reads: "Short of cash? It seems we are always out of money at the worst possible times. Just when you have spent your last dollar for the week ..."

I have been reading bitter opinions about Nik Cubrilovic. And not a single opinion from his perspective. I have no idea if this guy is honest & loyal to his investors, not in returning cash, but in terms of the effort he put into his company.

But this opens a question of will power, morale and handling failure graciously in startup founders. It was depressing to read this post by clay cook. http://www.gooruze.com/members/claycook/blog/119381/My-exper...

Nik has commented in the above post. Quite head strong yet I somehow feel sad about his state and what everyone is expecting him to do in such a situation. He is bankrupt, his company is broke and people are going public in harassing him for the money they invested into the company.

May be he was not fair and just made merry of the investors money. But the treatment somehow is inhumane. The same guys invested in him, isn't it their mistake in judging him too?

Regardless of everything, if a company has to keep telling people they are not dead yet, then they may as well be.

What I'm curious about is how Nik managed to get the marque angels to invest in him, when he's new to the Valley. And how did he end up in the Valley in the first place.

The American finance loan seems to be a DNS hack. I've seem three other sites afflicted with the same problem and they still had control over the server and domain.