I was confused at first given that 37 Signals are famed for avoiding growth for ... | Hacker News

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simonbarker87 on Sept 4, 2012 | parent | context | favorite | on: 37signals invests in The Starter League

I was confused at first given that 37 Signals are famed for avoiding growth for growth's sake and a focus on not taking external VC style investment - I thought "damn, these guys just undid years of sound advice" and then I saw the key line

"This isn’t a traditional investment. We’re not looking to get out, we’re looking to stay in."

Awesome, glad to see someone investing for reasons other than flipping a company

leftnode on Sept 4, 2012 [–]

37signals themselves have taken $10 million in external non-traditional VC [1].

[1] http://techcrunch.com/2006/07/20/37-signals-takes-jeff-bezos...

simonbarker87 on Sept 4, 2012 | [–]

Well I never, you learn something new every day. In my defence I hadn't even heard the words Venture Capitalist in 2006... thanks for the link though

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