Hey VCs - if Bit.ly is worth $8 mill, I'll resurrect the dead squrl.us for pennies

So TechCrunch has the story of bit.ly raising $2 milionl in funding for a valuation of $8 million (as in 800,000,000 pennies).  Considering the breadth of bit.ly’s offering (or lack thereof), that is just insane.

If any VC or angel investor is out there desperate to throw money at Web2.0 ideas, I’ll resurrect squrl.us for, let’s say, $500,000 (or 50,000,000 pennies)…