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The article says: > There’s a startup in New York everyone talks about, and the things they say aren't very nice. The startup sold for ~ $80 million and the f
by clamprecht 12y ago
The article says:
> There’s a startup in New York everyone talks about, and the things they say aren't very nice. The startup sold for ~ $80 million and the founders got rich. But, as the rumors go, no other employee made more than $50,000.
Does anyone know which startup they are referring to? carrentals.com? something else?
- georgemcbay 12y agoHunch fits the location and approximate acquisition price, but I can't speak to how screwed over the non-founders were (or weren't). Not sure that "everyone talks about" it (though that applies even more so for carrentals.com, IMO). Maybe they meant "everyone in NYC talks about it".
- taylorbuley 12y agoWith Chris Dixon being praised in the piece, I have trouble believing the writer had Hunch in mind.
- georgemcbay 12y agoGood point! You're probably right.
- x0x0 12y agodigg seems to be famous for doing well by Kevin Rose and not by anyone else. It happens out in the valley too.
- jlintz 12y agoSounds like GroupMe, sold for 80 mill and was around a year old at the time
- gyardley 12y ago'Everyone' isn't talking about this issue, so everyone's guess is just a guess. That said, Invite Media was acquired by Google for $81MM a couple years back.