4 ms·
I was confused at first given that 37 Signals are famed for avoiding growth for growth's sake and a focus on not taking external VC style investment - I thought
by simonbarker87 14y ago
I was confused at first given that 37 Signals are famed for avoiding growth for growth's sake and a focus on not taking external VC style investment - I thought "damn, these guys just undid years of sound advice" and then I saw the key line
"This isn’t a traditional investment. We’re not looking to get out, we’re looking to stay in."
Awesome, glad to see someone investing for reasons other than flipping a company
- leftnode 14y ago37signals themselves have taken $10 million in external non-traditional VC [1]. [1] http://techcrunch.com/2006/07/20/37-signals-takes-jeff-bezos-investment/ http://techcrunch.com/2006/07/20/37-signals-takes-jeff-bezos...
- simonbarker87 14y agoWell I never, you learn something new every day. In my defence I hadn't even heard the words Venture Capitalist in 2006... thanks for the link though