Re:Strikingly (YC W13) raises $1.5M from SV Angel, Index Ven...
by teng on Friday April 26, 2013 @07:37PM
(#5616117)
Hi, thanks a lot for your support! We're in Strikingly for the long run and we definitely put our users' interest as the top priority. Part of raising the money is also to ensure that we have enough runway to make sure that the product can sustain itself. I definitely don't want you to worry about this. Thanks for your support again!
Re:Strikingly (YC W13) raises $1.5M from SV Angel, Index Ven...
by redguava on Friday April 26, 2013 @09:00PM
(#5616363)
I don't understand how you can be in it for the long run if you've taken funding. That means you need to be working towards some sort of exit. VC isn't just there to make your business awesome, they want their money back (in multiples of course).
I understand the benefits to VC and congrats on raising it, I just don't see how you can be in it for the long run. How is that possible?
Re:Strikingly (YC W13) raises $1.5M from SV Angel, Index Ven...
by pbreit on Friday April 26, 2013 @06:17PM
(#5615828)
That is a risk for _every_ vendor a business uses.
However. I'm apprehensive about doing so because I'm worried about Strikingly being acquired, and my non-technical friends being hung out to dry with their websites. These days it seems like any startup pre-Series B that gains traction is liable to get acquired and possibly disappear. I wouldn't want to put my non-technical friends in a situation where they have to deal with that.