37signals accepts investment from Bezos
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 |