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OUCH. I invested in YC W15 companies (thirteen of them) through FundersClub but they missed this one. Dear YC - please allow me to invest in the whole class, l
by baccredited 10y ago
OUCH. I invested in YC W15 companies (thirteen of them) through FundersClub but they missed this one.
Dear YC - please allow me to invest in the whole class, like you did for Michael Bloomberg!
- wtvanhest 10y ago1st, I am not sure if this is even a good acquisition. 2nd, That isn't how it works. Deal flow is the most rare, and precious, and valuable thing to investors. FoundersClub is trying to get deal flow and they will win some deals, but ultimately, the investors with the absolute best reputation will get to invest in the best deals. In any event, Founders Club likely passed on Chariot, which I would have to agree with based on how the economics of that business works, regardless of whether they had a great outcome here or not.
- baccredited 10y agoFord paid more than $65 million for shuttle-van startup Chariot http://www.businessinsider.com/ford-buys-chariot-65-million2016-9 http://www.businessinsider.com/ford-buys-chariot-65-million2...