Ello: Something’s Missing from the About Page

September 27th, 2014

I was looking for some sort of social networking site or software that Cryptogon contributors could use in a post-Cryptogon era. I thought Ello might be worth considering—until I researched it a bit more.

Check this out.

Via: Aral Balkan:

What I didn’t know at the time was that they’d taken $435,000 in seed funding from FreshTracks Capital, a Vermont-based Venture Capital firm. This had apparently been announced by FreshTracks Capital in March.

Let me put it bluntly: if a company has taken venture capital, you have already been sold. It’s not a matter of if, it’s simply a matter of when. (Unless the company goes under before it can exit, that is.)

Leave a Reply

You must be logged in to post a comment.