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companies · 4 data points
Alto will reach a valuation in the billion-dollar range.
What happened: Alto Insurance reached a valuation of approximately $1.3 billion after a $100 million Series C funding round in 2021, satisfying the billion‑dollar valuation claim made in 2017.
Verify at source ↗thumbtack was four million so those had been ate and I turned it down or ten that would be a disaster
the whole issue with companies that graduate from that particular accelerator is you have to be able to make decisions on the spot and I'm I designed it as such right the East put six hundred investors in a room you create this cattle call and the top companies are obvious and there's a bunch of dentists willing to put in 25k check so let's go ahead fill it up with just 50 25 K checks
it's a class of Y Combinator tactic I'll say that though you don't have to but Y Combinator a lot of the companies during the height of the madness were raising at 12 or 15 million or uncapped notes and it was a party round and the explicit instruction was do not give information do not give rights to investors
uber is a perfect example Travis is known for being a strong personality