I don't understand. They first say that they didn't start with VCs. And only fin... | Hacker News

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		supernova87a on March 10, 2021 \| parent \| context \| favorite \| on: Zapier reached a $5B valuation with $1.3M of fundi... I don't understand. They first say that they didn't start with VCs. And only finally, 2 months ago, "Sequoia and Steadfast Financial bought shares at a $5 billion valuation from some of Zapier’s original investors." But the original investors were "Bessemer Venture Partners, Threshold, Salesforce Ventures and Missouri-based Permanent Equity..." So how is that not having VC at your origins?

dang on March 10, 2021 | [–]

The submitted title was "Zapier reached a $5B valuation without VC funding". We've changed it now.

stingraycharles on March 10, 2021 | [–]

HN headline was editorialized, original headline is more nuanced and meant to imply “without taking a lot of VC money” rather than none at all.

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