Investors Cough Up $1.6 Million To Dine With Grubwithus

#1

Post by jkopelman » Fri, May 06, 2011, 7:35 PM UTC

Investors Cough Up $1.6 Million To Dine With Grubwithus
techcrunch.com

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#2

Post by heyrhett » Fri, May 06, 2011, 8:22 PM UTC

Great idea, great news! Tech Crunch couldn't resist using the phrase "cough up" in conjunction with a food startup, eh?

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#3

Post by MatthewB » Fri, May 06, 2011, 8:26 PM UTC

That is quite a list of investors. Ashton Kutcher is all over silicon valley right now. Congrats, GWU.

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#4

Post by MatthewB » Fri, May 06, 2011, 8:41 PM UTC

Was Yuri Milner's investment part of that blind $150k investment he gave to all companies in YC during that one season? Or is this a subsequent investment?

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#5

Post by alain94040 » Fri, May 06, 2011, 8:45 PM UTC

From today's TechCrunch article: "For the Andreessen Horowitz meal on May 18, you’ll have to bid to win"

From last week's TechCrunch article: "A lot of people have suggested he have the “commoners” bid for lunch spots with the more well-known investors and Valley personalities on the site. [...] I want to lunch with people who are interesting, not people who can pay the most money. That’s just weird."

http://techcrunch.com/2011/04/27/letslunch-launches-in-new-y...

Disclaimer: of course I have a horse in this race. But I find the differing approaches fascinating.

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#6

Post by [deleted] » Fri, May 06, 2011, 8:50 PM UTC

MatthewB wrote: post #4

Was Yuri Milner's investment part of that blind $150k investment he gave to all companies in YC during that one season? Or is this a subsequent investment?

[deleted]

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#7

Post by earbitscom » Fri, May 06, 2011, 8:50 PM UTC

Wow...reads like the who's who of investors. Congrats, Grubs.

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#8

Post by swies » Fri, May 06, 2011, 8:55 PM UTC

Congrats! It's a great idea and well implemented. Though I started laughing and got distracted at the raffle note: "If you do win, you’ll be asked to pay the $35 set fee for the meal"

It's an article about raising $1.6 million.

The contest must cost what, $350? Is this a legal thing?

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#9

Post by gustaf » Fri, May 06, 2011, 9:02 PM UTC

Congrats guys! I'm heading to my second one @ Front Porch next week

Re: Investors Cough Up $1.6 Million To Dine With Grubwithus

#10

Post by acgourley » Fri, May 06, 2011, 9:23 PM UTC

swies wrote: post #8

Congrats! It's a great idea and well implemented. Though I started laughing and got distracted at the raffle note: "If you do win, you’ll be asked to pay the $35 set fee for the meal" It's an article about raising $1.6 million. The contest must cost what, $350? Is this a legal thing?

they want to make sure the people going know who NEA is and are not just going to go for free food.