February 10, 2016

Basecamp - Another Unicorn

CHICAGO — December 1, 2015–Basecamp is now a $100 billion dollar company, according to a group of investors who have agreed to purchase …

Source : Signal v. Noise — Medium (https://m.signalvnoise.com/press-release-basecamp-valuation-tops-100-billion-after-bold-vc-investment-c221d8f86ad7)

I know - it’s an old piece, but the message is no different. Jason Fried - Founder and CEO of Basecamp in fine form demonstrating the inane shenanigans of insider investing to boost start up valuations. If Basecamp goes belly up - he has a second career at the Onion.


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