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More VC money is NOT always better. Instagram, WhatsApp, and other unicorns were built with extremely small teams. Latest case in point: Mailchimp, built with 0
by igammarays 5y ago
More VC money is NOT always better. Instagram, WhatsApp, and other unicorns were built with extremely small teams. Latest case in point: Mailchimp, built with 0 VC funding.
- goohle 5y agoYep, lot of investor money can contribute to bankruptcy: WeWork, Katerra, etc.: https://www.bloomberg.com/opinion/articles/2021-06-08/katerra-bankruptcy-how-softbank-s-american-house-of-cards-collapsed https://www.bloomberg.com/opinion/articles/2021-06-08/katerr...
- pedalpete 5y agoInstagram had raised over $57M in VC funding before being acquired. https://en.wikipedia.org/wiki/Timeline_of_Instagram#:~:text=Instagram%20has%20raised%20US%247,Instagram%20at%20around%20%2425%20million.&text=Instagram%20hits%205%20million%20monthly%20active%20users https://en.wikipedia.org/wiki/Timeline_of_Instagram#:~:text=....