4 ms·
Yes, it is the one from 37 signals. He was on their board now an advisor. It looks like he already made $557,721 by selling some stock during Series G. I think
by staunch 15y ago
Yes, it is the one from 37 signals. He was on their board now an advisor.
It looks like he already made $557,721 by selling some stock during Series G. I think that left him with 414,690 shares worth at least $6.5 million and probably a multiple of that by the time he can sell them. I could be reading this incorrectly though.
He might end up making more off a dozen board meetings than 10 years of hard work at 37 signals. It's a crazy world.
- smokinn 15y agoWhatever individual 37 Signals people's actual thoughts about VCs and valuations, don't believe that it's necessarily what they write in their blog. Their blog is not an informal discussion medium. They make it out to to be but it isn't. It's marketing. 37 Signals have a vested interest in creating an enemy and drama because that brings them exposure and sales.
- jasonfried 15y agoYou're giving us too much credit.
- smokinn 15y agoFor what it's worth I think you and 37 Signals probably do believe what you say in the blog but given how inflammatory it often is it sets of my inner cynic constantly.
- mattmanser 15y agoIf you think they do believe it why make the bizarre allegation above in the first place?
- smokinn 15y agoThere's a big difference between thinking something is true and thinking something is probable.
- jsavimbi 15y agoWhat's up with @dhh and his sudden Twitter interest regarding Groupon? Are your thoughts aligned with his comments?