4 ms·

I don't think it's fair to include this one with the other "growth & engagement" bullshit we typically see go belly up. This company only raised a reasonable a

• paxys 5y ago
  It raised $2.1 million in November 2020 (https://techcrunch.com/2020/11/23/friday-app-a-remote-work-tool-raises-2-1-million-led-by-bessemer/ https://techcrunch.com/2020/11/23/friday-app-a-remote-work-t...), so the number is at least $2.5M if not higher.
  • lukethomas 5y ago
    We raised a total of $2.6m, so nothing too crazy in today's market.
    • paxys 5y ago
      I'm curious – why couldn't you raise more? Like you said, a couple million is nothing in today's market. You have a real product, real users. Why did no one give you another round of funding?
      • lukethomas 5y ago
        I didn't want to fleece future investors or existing/future employees. When running a startup, it's natural to have unknowns, and for the most part, that's okay and to be expected. But if you discover a new reality on the ground and continue to tell a different story, you are lying. I didn't want to do that.
        • gp 5y ago
          First off sorry to hear that the Friday journey is ending here. This is a really interesting response to me - some peoples gut instinct is “keep going until you figure what that something is.” Im curious if you could elaborate here about what story you found on the ground and what made you believe that you were quite far from building the right product?