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Turning down $250,000 for your startup – the Crate story.
- oldstrangers 16y agoMaybe I am the only one, but I thought the headline meant they turned down $250,000 worth of funding. In reality, they turned down a buyout offer for $250,000.
- TamDenholm 16y agoCongrats to Sahil and his co-founder for making an awesome product. It sounds like Crate is going places.
- thekevan 16y agoGreat article, but the does the layout and concept of that blog seem similar to another recent startup blog?
- brycethornton 16y ago$250,000 is certainly not chump change for most people, but it's not a fortune in the startup world. They did the right thing by turning it down. If their product is good they should be able to make that back + more in a year or two.