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These appear to be investors who are funding the scam-like model. But they are reputable companies who fund real businesses with real business models…how did they ever become a part of this? |
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Who it is |
How Far They're In*... | Is this possible? | |
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Max Levchin - Co-founder of PayPal |
$1M Series B, 10/05 | Could a serious entrepreneur be involved in a scam? It must not have looked that way at first... |
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Jeremy Levine, Bessemer Venture Partners |
$5M Series C, 10/06 | Could Bessemer become involved with a scam company? This is a fabled venture firm! |
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Peter Fenton, Benchmark Capital |
$10M Series D, 2/08 | Could Benchmark fund a sleazy company? These guys have funded many great companies! |
| DAG Ventures | $15M | Looks like a very legitimate firm, why would they be involved in a scam? | |
Investors: please find someone who can run this company and create a better business model that isn't perceived as a scam! * Source: CrunchBase |
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