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0 pointsDigitalSea12y ago0 comments

No it didn't. The funding came from multiple investors, not the CEO himself.

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3 comments · 1 top-level

hnha12y ago· 2 in thread

www.forbes.com/sites/jaymcgregor/2014/06/19/app-raises-1m-in-funding-for-simply-sending-the-message-yo-back-and-forth/

> it has just raised $1m in seed funding from CEO of Mobli, Moshe Hogeg’s angel fund.

The CEO of Mobli is not the CEO/founder of Yo.

Also:

> The app has received $1 million in angel funding from a group of investors led by Moshe Hogeg

So there are multiple investors, not a single one.

Multiple can mean "2." It could b 99% from the one angel and a $1000 from the CEO's mom, dad, siblings, etc.

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