iMeem has received ~$25 million in Venture Capital, currently has all 4 major labels signed to licensing deals, and has about 10 million visitors per month to their website. As for their competition, Rhapsody is doing the best with 4 million visitors, while Napster and eMusic struggle with 2 million visitors. Granted, these are great numbers, and I’d be happy if Grooveshark received this kind of traffic, but then again, Grooveshark isn’t a publicly traded company.

Startups Produce a Better ROI
For startups, the biggest hurdle really is money, money and attention. …

Working at Grooveshark, we’ve long been the underdog in the startup music game, and I definitely don’t think things have changed for us, but after 2 years of hard work, we’re finally starting to see some of the fruits of our labor. Rhapsody is spending $50 million on their new DRM-free campaign to try to get users to use their antiquated service, and I think it really puts into perspective exactly how much value Grooveshark provides with such little investment.
I’ve stacked Grooveshark up against two of our (many) competitors, Lala …