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Here’s What Happened At Fluent
- SebMortelmans 14y agoIt is a near impossible task for sure. I got to know them pretty recent, and by briefly checking out their UI and features, I really felt inclined to try it out.. too bad I never got in the beta. I feel maybe they should have endured a little longer? At least launch or public beta, and take it from there? It looks that they shut down primarily based on monetary reasons and not being able to raise a seed. Because they needed "proof of quite large user numbers and growth – something we couldn’t supply with our own money."
- jmount 14y ago"something we couldn’t supply with our own money." I find it likely that next round investors were deliberately asking to see the company jump a high hurdle before funding- to see if it was hobby or a commitment.
- smacktoward 14y agoSo according to the story's only named sources, the co-founders of Fluent, the reason Fluent failed was because it was so breathtakingly ambitious that it scared lily-livered investors away; but don't worry, kids, the founders had so much integrity they turned away multiple acqui-hire offers from "other red-hot Valley startups." (Which aren't named, but trust them, they were red hot.) Note to journalists: it makes a better story if you also talk to people other than the subjects of the story before hitting Publish.