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Am I missing something here or is there a typo? The first sentence says: > Color Labs Inc. founder Bill Nguyen visited the Dow Jones office in New York last we
by rexf 16y ago
Am I missing something here or is there a typo? The first sentence says:
> Color Labs Inc. founder Bill Nguyen visited the Dow Jones office in New York last week to talk about a big new idea backed by a $14 million round of funding.
Later, the story says:
> With Sequoia’s $25 million, $9 million from Bain Capital and $7 million in venture debt from Silicon Valley Bank, Color has closed a $41 million round of Series A funding before its product is even available in an app store.
Per TC yesterday & the WSJ in the same article, it's a $41M round.
[edit]
The author writes in the comments:
> Ty McMahan wrote: @Frank – The had secured only $14M as of last week. Sequoia came in with an additional $25M and SVP added $2M more.
- endtime 16y agoIt was going to be 14, then it became 16 + 25 = 41.