I think this goes to show how valuable being part of YC is. Were any other app like this to try and raise money outside of that circle, I think it would be difficult. Not to say Pair and its team isn't deserving, but 4.2 is a lot of cash.
I'm sure the YC team and Pair would say that it's more than just a mobile app though, which makes me curious...what do investors want to see when funding an app like this? Where is the distinction between something like Camera+, which is profitable but probably not fundable, and something like this or Instagram?
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I think this goes to show how valuable being part of YC is. Were any other app like this to try and raise money outside of that circle, I think it would be difficult. Not to say Pair and its team isn't deserving, but 4.2 is a lot of cash.
I'm sure the YC team and Pair would say that it's more than just a mobile app though, which makes me curious...what do investors want to see when funding an app like this? Where is the distinction between something like Camera+, which is profitable but probably not fundable, and something like this or Instagram?