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Oh Sequoia. The company that put $41M in a single seed round into a company that did... nothing: https://www.businessinsider.com/how-the--did-color-raise-a-craz
by rexreed 4y ago
Oh Sequoia. The company that put $41M in a single seed round into a company that did... nothing: https://www.businessinsider.com/how-the--did-color-raise-a-crazy-41-million-for-its-first-round-2011-3 https://www.businessinsider.com/how-the--did-color-raise-a-c...
- hunterhod 4y agoHmm, the article seems to suggest that perhaps Bain put up the majority of that round.
- rexreed 4y agoThe update in that article said: "Update: CNET's Caroline McCarthy tweets at us: "Sounds like a good theory, except that a Color exec told me Sequoia's $$ was nearly triple Bain's." So we're back to: HOW DID THIS HAPPEN?" So Sequoia put in nearly triple what Bain put in. The article was just guessing before the update.