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by clamprecht 4312 days ago
The article says:

> There’s a startup in New York everyone talks about, and the things they say aren't very nice. The startup sold for ~ $80 million and the founders got rich. But, as the rumors go, no other employee made more than $50,000.

Does anyone know which startup they are referring to? carrentals.com? something else?

4 comments

Hunch fits the location and approximate acquisition price, but I can't speak to how screwed over the non-founders were (or weren't).

Not sure that "everyone talks about" it (though that applies even more so for carrentals.com, IMO). Maybe they meant "everyone in NYC talks about it".

With Chris Dixon being praised in the piece, I have trouble believing the writer had Hunch in mind.
Good point! You're probably right.
Sounds like GroupMe, sold for 80 mill and was around a year old at the time
digg seems to be famous for doing well by Kevin Rose and not by anyone else. It happens out in the valley too.
'Everyone' isn't talking about this issue, so everyone's guess is just a guess.

That said, Invite Media was acquired by Google for $81MM a couple years back.