PRESS RELEASE: 37SIGNALS VALUATION TOPS $100 BILLION AFTER BOLD VC INVESTMENT - (37signals)
Sergey Z stashed this in entrepreneurship
dhh is a bitter, cynical dude:
In a separate conversation, 37signals co-founder and Ruby on Rails creator David Heinemeier Hansson, also a longtime and vocal advocate of bootstrapping, expressed some healthy suspicions about the deal.
“Github has done a world of good to open source, and they appear to have a great business,” Heinemeier Hansson said. “I just hope they don’t put their long-term staying power in jeopardy by handing control to the VC hyenas.”
Yeah, I can't agree with such name for A16Z....
I deeply respect both 37 signals team and Andreessen Horowitz.
Both are beacon of success for me. Both teams done a lot of good things.
David is bitter, but this is his problem.
He can afford to be because he is already extremely wealthy, I'm sure.
Congratulations to the github folks for making something people want, useful, and for being able to help their families for generations with this investment.