We did get offers of money from VC's; we turned them down (& a lot more than "a couple million" was needed - production is expensive...).

From what I've heard from people in VC funded companies, the goal becomes the payback far too much (IPO, etc) as opposed to the product. With S3, they're in it to make good products that customers will choose over the competition's boxes - just like us. Both empeg & S3 are product-centric - the product is the ultimate goal, and this is why we didn't pick VC.

Hugo