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>The round included Rustic Canyon Ventures, Ron Conway’s SV Angel, Yuri Milner, Mark Schwartz, and a follow-on investment by Y Combinator. A follow-on investme
by kurtvarner 14y ago
>The round included Rustic Canyon Ventures, Ron Conway’s SV Angel, Yuri Milner, Mark Schwartz, and a follow-on investment by Y Combinator.
A follow-on investment from YC? I wasn't aware that they do follow-ons.
- Retric 14y agoI wonder if this refers to YC investing money to avoid being diluted by this funding round?
- dmazin 14y agoI thought YC specifically did not do follow-on investments because of (paraphrase) what it'd indicate about the companies they don't follow-on with.
- hamiltonchan 14y agoThere was a mistake in the article. The additional investment was from SV Angel and Yuri Milner, not Y Combinator. We apologize for the confusion, and the mistake has been corrected.