Geni is worth its $100M valuation

A lot was made of Geni’s $100M valuation.

I’ve used it for 24 hours and I can say only one thing: the VCs who invested at that level GOT A HUGE DEAL (regardless of what Fred Wilson says about valuations).

Geni doesn’t have page views because it is sooooooooo slick and easy to use with Flash, but it is a service people WILL PAY FOR and advertisers will GO NUTS FOR.

(Note: I have no investment in Geni and do not know the team over there)