Zapier reached a $5B valuation with $1.3M of funding
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Re: Zapier reached a $5B valuation with $1.3M of funding
#2> “For us, we've always looked at financing events, whether they're primary, secondary or public markets, as a tool in the tool belt. It's something that you can reach for as a person who runs a business that can help you when you need it,” says Foster. “I think that's a much healthier approach to things than sort of getting on a hamster wheel that is difficult to get off.”
That's seems like a pragmatic and healthy attitude towards venture capital. I feel like venture capital is gasoline. You can pour in on a fire to make it grow quickly, just make sure you first have a good fire going and careful not to get burned in the process.
Re: Zapier reached a $5B valuation with $1.3M of funding
#3> “For us, we've always looked at financing events, whether they're primary, secondary or public markets, as a tool in the tool belt. It's something that you can reach for as a person who runs a business that can help you when you need it,” says Foster. “I think that's a much healthier approach to things than sort of getting on a hamster wheel that is difficult to get off.” That's seems like a pragmatic and healthy a…
Most VC would love it if they could be 100% gasoline. The common problems people usually generally arise from them having more fuel than there are fires to put it on.
Re: Zapier reached a $5B valuation with $1.3M of funding
#4> “For us, we've always looked at financing events, whether they're primary, secondary or public markets, as a tool in the tool belt. It's something that you can reach for as a person who runs a business that can help you when you need it,” says Foster. “I think that's a much healthier approach to things than sort of getting on a hamster wheel that is difficult to get off.” That's seems like a pragmatic and healthy a…
Most VC would love it if they could be 100% gasoline. The common problems people usually generally arise from them having more fuel than there are fires to put it on.
The problem is if you're 100% gasoline then the founders would do well to just get a loan
Re: Zapier reached a $5B valuation with $1.3M of funding
#5Earlier quoted context omitted.
Most VC would love it if they could be 100% gasoline. The common problems people usually generally arise from them having more fuel than there are fires to put it on.
The problem is if you're 100% gasoline then the founders would do well to just get a loan
Having the right investors adds value in a way a bank holding a loan absolutely never will.
Re: Zapier reached a $5B valuation with $1.3M of funding
#6They did take VC funding though? By pulling themselves up by their bootstraps (and a meager $1.3 million in funding) they were able to start a company!
That's not an insignificant sum of money, I see that they didn't take further rounds, but still this feels like a nice marketing piece with a bad headline.
Re: Zapier reached a $5B valuation with $1.3M of funding
#7They did take VC funding though? By pulling themselves up by their bootstraps (and a meager $1.3 million in funding) they were able to start a company! That's not an insignificant sum of money, I see that they didn't take further rounds, but still this feels like a nice marketing piece with a bad headline.
The article says “hamster wheel”, not that they didn’t take it. The headline here adds ambiguity that wasnt written
Re: Zapier reached a $5B valuation with $1.3M of funding
#8They did take VC funding though? By pulling themselves up by their bootstraps (and a meager $1.3 million in funding) they were able to start a company! That's not an insignificant sum of money, I see that they didn't take further rounds, but still this feels like a nice marketing piece with a bad headline.
It is really unclear, but I suppose maybe they only took money from angel investors?
Re: Zapier reached a $5B valuation with $1.3M of funding
#9They did take VC funding though? By pulling themselves up by their bootstraps (and a meager $1.3 million in funding) they were able to start a company! That's not an insignificant sum of money, I see that they didn't take further rounds, but still this feels like a nice marketing piece with a bad headline.
It is really unclear, but I suppose maybe they only took money from angel investors?
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Re: Zapier reached a $5B valuation with $1.3M of funding
#10They did take VC funding though? By pulling themselves up by their bootstraps (and a meager $1.3 million in funding) they were able to start a company! That's not an insignificant sum of money, I see that they didn't take further rounds, but still this feels like a nice marketing piece with a bad headline.
It is really unclear, but I suppose maybe they only took money from angel investors?
It looks like they were part of the S12 cohort for YC, and that is definitely VC money.