http://videomind.ooyala.com/blog/aereo-nets-34m-funding-will-it-cover-legal-bills-or-go-toward-growth?goback=%2Egde_41877_member_5826603464536399872#%21
It doesn't matter if it is for expansion...or legal bills....or a combination of both. It still needs to get paid back and offset against revenue.
My point being is are there enough people willing to pay $8 a month for mobile viewing of content I can get for free or if interested in just place shifting....aren't smart enough to buy a TiVo.
I really don't believe that Aereo is the "next wave" of anything because as soon as they start trying to buy additional content...the content owners will start charging them cable provider fees which turns Aereo into "yet another cable provider".
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