On Deck, "The Stanford for the Internet" raises $20M
Shared by moritzwallawitsch · 34d ago · 5 comments

This already happened two weeks ago, but I still find it fascinating that they raised this much for a non-software/tech business and won over such a stunning group of angels and VCs (https://www.crunchbase.com/search/principal.investors/field/funding_rounds/num_investors/on-deck-a441-series-a--863a6ca3).

moritzwallawitsch · 34d ago

I'd be curious to know how much of their investment is incentivized by projected deal flow vs. projected growth returns.

inbalshenfeld · 34d ago

It's not about that at all.

moritzwallawitsch · 34d ago

So, it's only about supporting the mission and greater cause then?

inbalshenfeld · 33d ago

it's about the people and what they will build. they are going to take the brightest minds- teach them fast and help them learn about new things and then set them free to build - it's going to be fantastic