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May be.... but most of the money in Instagram went to the VCs; here, all of it is going to the company.
by ajays 15y ago
May be.... but most of the money in Instagram went to the VCs; here, all of it is going to the company.
- goronbjorn 15y agoNot necessarily most… The two founders owned 50% of the company so at most half.
- parlane 15y ago5% to KickStarter. Which would make KickStarter a viable business. I assume 5% of all sales is to deal with cost of transactions though, maybe they have a deal with Amazon.