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The news that has been doing rounds as rumor for some time now has been confirmed. Uber, the on-demand call taxi service has raised a massive $1.2 billion from new and old investors. This puts the valuation for the four-year old company at a mind boggling $17 billion. Here’s a statement from the official Uber […]
07 Jun 2014
We recently carried an article about a company which builds a technology product for an entrepreneur in exchange for 20-40% of the company. The concept certainly is useful but isn’t that an obnoxiously high percentage of equity being given away even before a company has launched? A very interesting Twitter conversation followed and we decided to dig […]
10 Mar 2014