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Yo Raises $1.5M In Funding At A $10M Valuation
- cyphunk 12y agounclear, what does this company do exactly?
- presidentender 12y agoIt's Facebook's 'poke' feature, as nearly as I can tell, without the rest of Facebook.
- anewcolor 12y ago"poke" had a more flirty vibe to it. this is more neutral, which is important.
- krapp 12y agoThey make an app that says "yo." Which is a million dollar idea for reasons.
- psgibbs 12y agoIt's a $10 million dollar idea, they just sold 15% of it.
- krapp 12y agoI don't want to live on this planet anymore.
- gtremper 12y agoYet another reason to pursue space exploration.
- wfkw87 12y agolol..seriously these type of assholes are reason true startups get fucked up
- wfkw87 12y agolol..seriously these type of assholes are reason true startups get fucked up
- wfkw87 12y agoseriously, these assholes are the reason startup get repeatedly fked
- Killswitch 12y agoCan you tell us this once more, I didn't quite understand the first 5 times. Thanks.
- notahacker 12y agoMaybe he's testing a new app for friction-free abusive social media posting. It'll revolutionize human interaction!
- wfkw87 12y agoseriously, these assholes are the reason startup get repeatedly beaten
- severed 12y agoI wouldn't be too shocked to see Yo pivot to suicide booths.
- pauletienney 12y agoI should make a LOL app. LOL is much better valued than YO.
- DSingularity 12y agoThis has to be some kind of joke. Unbelievable.
- jvrossb 12y agoNot a joke. It has a fair bit of utility and 2 million installs.
- wfkw87 12y agoBullshit. It is utility based on installs ? Are you insane or out of mind ? You do realize that number of installs mentioned always inflated , right ? If these scumbags are getting $1.5M what really appears to be a simple text app , I can't wait for next technology bubble burst. Seriously , US is terribly flawed country.
- rezistik 12y agoUtility doesn't make money. I'm all for cool apps, what I'm not for is overvaluing and expecting returns on companies with no revenue streams and realistically no way to create revenue streams. Even advertising would be difficult with Yo. The best your band can use it for is to literally annoy users.
- tedks 12y agoI've been using Yo since I first heard about it on Hacker News and it's actually really useful. Get to someone's house and want them to let you in? Send a yo. Getting to be lunchtime? Yo your coworkers (Yo widgets on Android mean you can just go across a row and yo each one super easily) and meet up at the usual spot. Want to meet up with a mentor? Yo them when you get in; if they yo you back they're probably free, head over and talk to them. Thinking about your girlfriend? Send her a yo to let her know you care. I really like using Yo; the interface is really clean and it's really fast to get to my yoscreen on Android. The people hating on Yo just don't understand the way that technology is moving towards ephemerality. There's an art to Yo. It's elegant and simple and beautiful and it's probably worth much more than $10M. Yo has the capacity to change the way humans interact with each other.
- arghbleargh 12y agoI won't deny that a lot of times you only need to convey a very short message, but what makes this better than just texting?
- afatc 12y agoIts a lot faster, as in less touches
- ForrestN 12y agoSo much so that it justifies installing the app and then asking people you know to do so too? It takes no time to send a "yo" text with Siri, and if it's a person you have texted recently it's very fast and easy by hand texting too, so it must be really, really easy to make it worth it. I ask because I'm genuinely curious having not used the app before (for the reason that it takes too much effort to justify).
- Killswitch 12y agoHold home button down on iPhone, "Text Yo to John Doe", "Send". Done. No need to install an app, no need for the person I am sending it to to install said app, and no need to worry about yet another app being compromised and my data being out there. Now I'm not knocking Yo, clearly they're doing something umm.. Right? I don't know. But this is getting ridiculous.
- blubbi2 12y agoI actually really enjoy using Yo. I think it's a great idea. But I don't know how the future of Yo might look like. I mean, implementing features would ruin the whole point of the app. I'm wondering how they are planning to spend the $1.5M. I don't think they need a big infrastructure, lots of engineering resources etc. Since running Yo is cheap and there might be actually useful use cases for it, I don't think investing in it is such a bad idea. I don't understand the people trolling here. Someone invested some time in an app that became successful. That's it.
- huhtenberg 12y agoThis must be some sort of fiendishly clever scheme for laundering VC money. Unless they are planning to pivot it into the next WhatsApp.
- krapp 12y ago>This must be some sort of fiendishly clever scheme for laundering VC money. Aren't most startups?
- alanleblanc 12y agoI said "Yo" the other day, shortly after signing up for the service. I was walking along the street (on the sidewalk) and a guy was backing out of his driveway in his car, and he wasn't paying attention to me, such that he might have backed into me. I said loudly "Yo" and the situation was resolved. Nothing else needed to be said.
- severed 12y agoThat has nothing to do with this app, except the superficial name.
- alanleblanc 12y agoIt does actually. the app influenced my offline behavior and it helped me realize that in many situations a "yo" will suffice
- wingerlang 12y agoIsn't it pretty normal to say "yo!" in those situations anyway? I've never even heard about this app but I've done this for years.
- opendais 12y agoDoes anyone else think this is the perfect example of why Texting apps just need like 3 macros when you have a blank message so you can just tap them? Hi / Yes / No That is really all the functionality this provides.
- anewcolor 12y agohi, yes and no convey very specific things though. "yo" means hundreds of things.
- asavi 12y agoThe problem is that for the small percentage of texts that you only need to write "yo", there is a incomparably larger percentage that may need more than that. The Yo app removes functionality that native texting (or any number of WhatsApps and Facebook Messengers) already provide. Realistically it's like any other contact application: if you know people who use it you might use it, but I don't know anyone who uses it and I don't use it.
- p1esk 12y agoYo
- jgalt212 12y agoYo feels like a sharp stick in the eye to every entrepreneur struggling to raise money who feels like they are working on a real product that solves real problems and has a real market for its services.