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Ouch. Did they reach $100MM valuation or were they below that?
by planteen 10y ago
Ouch. Did they reach $100MM valuation or were they below that?
- DaiPlusPlus 10y agoThey're still in submarine mode, though with fewer employees there now than when I was there. They have enough VC funding to last them a couple of years of zero revenue, though a friend of mine who is still there says they've secured a couple of high-profile business deals. That's all I know. The founder has a good track record - though I think he's looking to sell it before it gets that big. My friend there thinks whatever stock options he has will simply be diluted by equity sales during future investment rounds anyway.