Thank You, Yakkers
I mean to me this is a totally wild story from the money side.<p>- Raised $73 M from notable, no bullshit VC's including Sequoia, DCM, Draper<p>- Valued around $400M (results may vary)<p>- Sold for <$3M<p>Either we don't know the whole story (>50% chance), someone fucked up royally with IP or something or everyone was pissed off about this entire situation. It's really surprising to me that the Series B folks couldn't engineer or claw back more than that, especially given the brand recognition etc...<p>[1]<a href="https://www.crunchbase.com/organization/yik-yak#/entity" rel="nofollow">https://www.crunchbase.com/organization/yik-yak#/entity</a><p>[2]<a href="http://www.businessinsider.com/yik-yak-sells-to-square-for-3-million-bloomberg-2017-4" rel="nofollow">http://www.businessinsider.com/yik-yak-sells-to-square-for-3...</a>