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We are a PayPal and Venrock backed startup re-defining a $100 billion market...
- csmeder 17y agothey are backed by PayPal?
- dangrossman 17y agoThat struck me as very odd too. PayPal is not an independent company, they can't be an investor, can they? I wonder if "backed" means they ran their idea past customer service and got an OK to use PayPal to do whatever they're going to do with billing.
- earle 17y agoPayPal did provide some seed money to billfloat, but we’re not disclosing any specifics. This is in line with what Naveed Anwar and Osama Bedier talked about at our developer conference in November … to encourage developers through guidance and resources to build innovative payment applications. Developers have the opportunity to secure support from PayPal and VC partners including seed funding, coaching, market insight and strategy. We also announced a developer challenge and a VC Network.