Basecamp is not a $100B business. It accepted $1 in exchange for 0.000000001% of the company in order 1) show how you can hack valuations and 2) demonstrate tha

Basecamp is not a $100B business. It accepted $1 in exchange for 0.000000001% of the company in order 1) show how you can hack valuations and 2) demonstrate that valuation is the wrong metric to focus on. https://signalvnoise.com/posts/1941-press-release-37signals-valuation-tops-100-billion-after-bold-vc-investment https://signalvnoise.com/posts/1941-press-release-37signals-...