5 ms·

Who is that startup that had their funding yanked after signing documents and moving from Houston to San Francisco?

rdl 14y ago
(EDIT: This was a YC company, and she specifically said it wasn't a YC co, so this probably isn't it, but similar) Storenvy (Kansas City, Mo not Houston) http://joncrawford.com/post/20378314843/how-i-got-kicked-out-of-y-combinator-and-then-raised http://joncrawford.com/post/20378314843/how-i-got-kicked-out... I assume that's the one you mean -- I met the guy and he's actually pretty reasonable, so I think the whole thing was just an unfortunate situation.
- metafour 14y ago
  I thought she said it wasn't a Y-Combinator company that had this happen to them.
  - rdl 14y ago
    Ah, doh. I didn't see the talk (was trying to find parking for 45min before giving up and just watching online. I really hate the Stanford campus.)
    - SkyMarshal 14y ago
      Pro-tip for next time - park in Palo Alto or somewhere near the free shuttle [1] and bus it to campus. Or pack a bike. [1]: http://transportation.stanford.edu/marguerite/ http://transportation.stanford.edu/marguerite/
      - rdl 14y ago
        Wow. I wish I'd known about that! Thanks.
    - nicholas73 14y ago
      I gave up and parked in a restricted zone. No ticket!
      - wilfra 14y ago
        Same. Small sample size but I have a feeling they take it easy on tickets on days like today. Stanford isn't some broke municipality looking to maximize ticket revenue.
      - mahyarm 14y ago
        Many ticket zones are also only enforced mon-fri.
        nicholas73 14y ago
        I had thought this was the case, but all the restricted zones I saw were open, so I thought it might be for a reason. But after going up 4 floors I decided to ponder instead the effects of herd mentality. As it turns out, you exit through the top anyway :)
jl 14y ago
It was a YC startup, but happened at the startup they did before they did YC (a completely different startup).
ry0ohki 14y ago
That was the most heartbreaking thing I heard. The VC should definitely be named and shamed, hope it worked out in the end for that startup...
- rhizome 14y ago
  Just another instance illustrating that at the "free money" level of business, bridges are fireproof.

rdl 14y ago

(EDIT: This was a YC company, and she specifically said it wasn't a YC co, so this probably isn't it, but similar) Storenvy (Kansas City, Mo not Houston) http://joncrawford.com/post/20378314843/how-i-got-kicked-out-of-y-combinator-and-then-raised http://joncrawford.com/post/20378314843/how-i-got-kicked-out... I assume that's the one you mean -- I met the guy and he's actually pretty reasonable, so I think the whole thing was just an unfortunate situation.

metafour 14y ago
I thought she said it wasn't a Y-Combinator company that had this happen to them.
- rdl 14y ago
  Ah, doh. I didn't see the talk (was trying to find parking for 45min before giving up and just watching online. I really hate the Stanford campus.)
  - SkyMarshal 14y ago
    Pro-tip for next time - park in Palo Alto or somewhere near the free shuttle [1] and bus it to campus. Or pack a bike. [1]: http://transportation.stanford.edu/marguerite/ http://transportation.stanford.edu/marguerite/
    - rdl 14y ago
      Wow. I wish I'd known about that! Thanks.
  - nicholas73 14y ago
    I gave up and parked in a restricted zone. No ticket!
    - wilfra 14y ago
      Same. Small sample size but I have a feeling they take it easy on tickets on days like today. Stanford isn't some broke municipality looking to maximize ticket revenue.
    - mahyarm 14y ago
      Many ticket zones are also only enforced mon-fri.
      - nicholas73 14y ago
        I had thought this was the case, but all the restricted zones I saw were open, so I thought it might be for a reason. But after going up 4 floors I decided to ponder instead the effects of herd mentality. As it turns out, you exit through the top anyway :)

jl 14y ago

It was a YC startup, but happened at the startup they did before they did YC (a completely different startup).

ry0ohki 14y ago

That was the most heartbreaking thing I heard. The VC should definitely be named and shamed, hope it worked out in the end for that startup...

rhizome 14y ago
Just another instance illustrating that at the "free money" level of business, bridges are fireproof.