2 ms·
Seems like a recipe for disaster. Why not prove something simple out with a few million before dumping $140 million into it? Does what they're building really
by austenallred 12y ago
Seems like a recipe for disaster.
Why not prove something simple out with a few million before dumping $140 million into it? Does what they're building really require that much software to be written before we know if it will work? I get that the founder has been successful, but wow.
I'm usually pretty wary when people say "OMG It's 1999/a bubble all over again!" But that is a pretty damn frothy raise, even if you're optimistic.
- ssclafani 12y agoIt's for marketing: > The capital will help fuel Mr. Lore’s grand plans, which include an estimated half-billion-dollar marketing budget and projections for $5 billion in annual transactions by 2020. (From the full WSJ article : http://www.wsj.com/articles/jet-com-raises-140-million-led-by-bain-capital-ventures-1423696950 http://www.wsj.com/articles/jet-com-raises-140-million-led-b...)