Most of the startups we’ve backed at Homebrew don’t rush to announce their funding. Not because they’re all operating in stealth or pre-product – in fact some already are earning $1M+ in revenue per annum. They just don’t feel the need to draw attention to themselves or alert possible competitors. And my sense is the trend carries outside of our portfolio these days. Contrast this to just a few years ago when it seemed every startup was jumping up and down to shout about their initial raise. What’s changed?
Image: http://medcitynews.com/
To read the original article: Money doesn’t talk: Why some startups don’t announce seed financings any more
