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The funding came from the CEO himself, it's just a marketing scheme...
by hnha 12y ago
The funding came from the CEO himself, it's just a marketing scheme...
- DigitalSea 12y agoNo it didn't. The funding came from multiple investors, not the CEO himself.
- hnha 12y agowww.forbes.com/sites/jaymcgregor/2014/06/19/app-raises-1m-in-funding-for-simply-sending-the-message-yo-back-and-forth/ > it has just raised $1m in seed funding from CEO of Mobli, Moshe Hogeg’s angel fund.
- blauwbilgorgel 12y agoThe CEO of Mobli is not the CEO/founder of Yo. Also: > The app has received $1 million in angel funding from a group of investors led by Moshe Hogeg So there are multiple investors, not a single one.
- ojbyrne 12y agoMultiple can mean "2." It could b 99% from the one angel and a $1000 from the CEO's mom, dad, siblings, etc.
- blauwbilgorgel 12y agoCorrect, yet totally besides the point. Instead of what "could be", do a search and find that it were more than 2 investors, and that Hogeg lead the round and invested 200k (of the 1.2 million).
- ojbyrne 12y agoSearched around and haven't found anything to indicate that. Hogeg's angel fund (the only identified investor) may have multiple people in it, but they could all be _his_ friends and family.