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Great news for Braintree. What's impressive here is the kind of companies Accel is backing. Companies that are highly profitable without any initial funding a
by vrikhter 15y ago
Great news for Braintree. What's impressive here is the kind of companies Accel is backing. Companies that are highly profitable without any initial funding and are now raising capital to really hit it out of the ballpark. 99Designs ($35M Series A), Atlassian ($60M Series A), Rovio ($42M Series A), & SquareSpace ($38.5M Series A). These are all great companies who once they found a great model went on to decide to dominate the market. Congrats all around!