This mobile payments startup just raised $15M(cmoney.com)
cmoney.com
This mobile payments startup just raised $15M
http://www.cmoney.com/CorporateOverview/CompanyInformation/BoardofDirectors.aspx
http://www.cmoney.com/NewsEvents/tabid/57/articleType/ArticleView/articleId/1/C-cMoney-Secures-15-Million-Financing-from-Kodiak-Capital-Group-LLC.aspx
7 comments
There are certain things that I cannot rationalize, this is one of them.
Perhaps the funding isn't real. I don't believe it is.
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Reading her profile and all that talk about her "Lord" (notice those are her quotes, not mine) makes me wonder exactly what kind of Angels coughed up the $15M.
This is proof: You can do anything if you put your mind to it.
I'm serious. Everyone is sneering at this startup and her idea but maybe it'll work out. I dunno. I've worked at shadier companies (probably) that somehow produced worthwhile software. It looks like "less sure" than the normal YC crowd, maybe it's some kind of a scam -- I Dunno -- but if she got funding then maybe so can I someday.
I'm serious. Everyone is sneering at this startup and her idea but maybe it'll work out. I dunno. I've worked at shadier companies (probably) that somehow produced worthwhile software. It looks like "less sure" than the normal YC crowd, maybe it's some kind of a scam -- I Dunno -- but if she got funding then maybe so can I someday.
Actual funding announcement: http://www.cmoney.com/NewsEvents/tabid/57/articleType/Articl...
How will this compare with something like https://venmo.com/ ?
How will this compare with something like https://venmo.com/ ?
"Kodiak itself is a start-up, founded late last year with $250 million under management. Hodson says the firm typically invests between $5 million and $25 million in public companies and larger private companies."
Their site seems intentionally vague about what they do exactly and what the benefits are to both consumers and merchants..