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> The company raised $5 million in funding this month from investors including Lightspeed Venture Partners. That doesn't seem like very much money to take on Y
by gnicholas 3y ago
> The company raised $5 million in funding this month from investors including Lightspeed Venture Partners.
That doesn't seem like very much money to take on Yelp and Google Reviews.
> The app launched in March with a select group of users and is currently invite-only.
I guess your burn rate is lower if you're in private beta for 6+ months, but presumably the early adopters they're courting (Jessica Alba, David Change, Minka Kelly) probably wouldn't want to use a platform that is too rough.