Hacker News new | past | comments | ask | show | jobs | submit login

They raised a seed round of $1.5M to build a proof of concept and have now doubled down and raised $8M. What is bothering about that, isn't it ideal to "get something out the door asap" for this ambitious a goal (a visual search engine)?



It depends. Sometimes the goal of raising money is to give yourself enough time to tackle a really hard problem. QWiki's got huge upside so if they've got an innovative approach and a credible plan, $9.5M isn't an obscene amount to spend on the early stages.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: