SKYP
In-depth analysis and expert insight intoToo Many Investors, or Too Many Powerful Investors?
GroupMe’s founder argues that more investors mean more time spent arguing with investors. That makes intuitive sense when you move from one investor to two. But it doesn’t seem to follow during an IPO, when a company moves from a dozen investors to thousands. The difference:…
Skype Buys GroupMe
Skype has purchased group-texting service GroupMe for about $85mm, a nice exit for the year-and-a-half-old firm. It’s also an interesting combination: one of Skype’s big strengths is its peer-to-peer structure, which basically coopts users’ computers to keep things running smoothly. GroupMe uses Twilio, which is basically an API for anything a standard…
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