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How is a free text messaging app making the founder rich enough to donate $1M?
How is a free text messaging app making the founder rich enough to donate $1M?
VC monies from Fred Wilson and co. http://www.avc.com/a_vc/2011/03/kik.html http://www.avc.com/a_vc/2011/03/kik.html
As part of the VC round he sold some of his personal shares. This $1M is, presumably, coming from that amount.