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Have we already forgotten the $41M VCs put into Color, which literally had nothing going for it but personality?
by outside1234 11y ago
Have we already forgotten the $41M VCs put into Color, which literally had nothing going for it but personality?
- AndrewKemendo 11y agoI feel like Color gets shit on unnecessarily because they raised a lot of money. The founders had an incredible track record and they actually had a product that a lot of people used 1MM downloads at one point. I agree that they got too much money for their traction, but it's all Sunday morning quarterbacking. Same with Clinkle, at first blush it seems like vaporware, but according to some of the insiders they had some hardcore tech that they could never get legally cleared to use. I think the key thing though is that these companies have something real, but that they can't execute on it at scale.
- 7Figures2Commas 11y ago> Same with Clinkle, at first blush it seems like vaporware, but according to some of the insiders they had some hardcore tech that they could never get legally cleared to use. I have a bridge I'd like to sell you.