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Punchd raised ~$50k at "500 Startups" demo day, then three months later was bought by Google (July of this year). That is called how damn fast it is to get not
by aresant 15y ago
Punchd raised ~$50k at "500 Startups" demo day, then three months later was bought by Google (July of this year).
That is called how damn fast it is to get noticed and bought if you execute brilliantly in a big market.
And it only looks better now than it did.
It's a beautiful, elegant way of digitizing a marketing tactic that everybody already knows and understands.
The little paper signs "Buy _____ and get _____" are the perfect visualization of how well thought out this product is - nice job.
- chexton 15y agoI think there is really something in this. It does look like a very streamlined product with nice touches...but they must have executed very effectively. From what I've read there are a bunch of startups in this space, doing very similar things. Even here in Australia there are a few I can think of that are doing pretty well. As none have yet been bought by Google for $50m, I'd be curious to know more about the kind of traction Punchd had prior to the acquisition (how many users did they have, were the pulling in revenue) - it's always interesting to know more about how a startup with this kind of success executed! Also, hats off to the Punchd guys...I remember the thread about the acquisition and there was a lot of praise for the founders themselves, as people and as founders.
- marcamillion 15y agoAhh...that makes sense...was wondering how comes Google was charging. Was about to say...wow...I think that would be the first time I have ever seen Google charge explicitly for a SaaS service like this. Aside from Ad-powered things of course.