Wednesday, June 15, 2011

Omniture's Josh James Dangles $10K For Guessing Company Name

Josh James, the former founder of Omniture, is dangling $10,000 in a contest to guess the new name of his new startup, which is backed by Andreessen Horowitz and angel investor Ron Conway. James posted a challenge on his personal site this week offering the $10,000 to the first person to figure out the name of his new startup, using a cryptic formula posted on his site. The firm--whose working name is Shacho--said it bought out Salt Lake's Corda Technologies in May, and raised $10M in its first funding round.