Youry's Blog

Youry's Blog

How Ben Horowitz Accidentally Invested in a Company Now Worth $2.8 Billion

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https://www.linkedin.com/pulse/how-ben-horowitz-accidentally-invested-slack-caroline-fairchild

I like this example: How Ben Horowitz Accidentally Invested In Slack “On Tuesday at the Milken Institute Global Conference in Los Angeles, Horowitz explained to a packed ballroom how Slack — the company now valued at $2.8 billion that is threatening to replace e-mail — came about after its founder failed to launch another idea. Stewart Butterfield, the founder of Flickr, originally got funding from Horowitz for a multiplayer game he was creating called Glitch. Yet Glitch was built on Flash and soon after the game was funding, Apple’s Steve Jobs and others stopped supporting Flash player. This made it impossible for Glitch to roll out onto mobile. “

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Written by youryblog

April 30, 2015 at 3:50 PM

Posted in Business, Interesting

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