37signals accepts investment from Bezos

July 21st, 2006 by Kinan Sweidan

37signals announced today that they raised venture capital from Jeff Bezos (the guy behind amazon.com)

The move seemed to upset a lot of 37signals followers. 37signals has been a successful business model for small startups. They built very popular web 2.0 projects (Basecamp, Backpack, Campfire, Tadalist, and Writeboard) and initiated the development of RoR (Ruby On Rails).

I totally understand the reason behind their move and I think Bezos is one of the most innovative entrepreneurs and his input will be very crucial to take 37signals to the next level.

Congratulations to 37signals..

Posted in Entrepreneurship, News |

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