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Wow! Yardstick Capital at work: "37signals is now a $100 billion dollar company, according to a group of investors who have agreed to purchase 0.000000001% of
by _yosefk 12y ago
Wow! Yardstick Capital at work:
"37signals is now a $100 billion dollar company, according to a group of investors who have agreed to purchase 0.000000001% of the company in exchange for $1.
Founder Jason Fried informed his employees about the new deal at a recent company-wide meeting. The financing round was led by Yardstick Capital and Institutionalized Venture Partners."
(from https://signalvnoise.com/posts/1941-press-release-37signals-valuation-tops-100-billion-after-bold-vc-investment https://signalvnoise.com/posts/1941-press-release-37signals-...)
And I thought it was fiction.