As reports suggest that grapevine is raising money from Peak Fifteen (previously Sequoia), will they allow negative posts about their portfolio companies on the platform?
Peak Fifteen has a record of controlling the media narratives for their portfolio companies before, hope they don't kill this platform!
Did sequoia have an ownership target? How does your team and you feel post the funding? What can we expect as a next step? How soon will the monetisation bug kick in?
https://entrackr.com/2023/10/exclusive-peak-xv-acquires-over-21-stake...
Congratulations Grapevine team.. Finally, they raised funding from Peak XV Partners.. Time to DM founders for a job 😂
This platform is now gonna scale, but isn’t 21% too much? Thoughts pls.
It announced fundrise from peakXV (previously Sequoia).
From what I can deduce, they diluted a bit too much. But, I hope that the founding team makes a good one from this!
Cheers Michael bhai!
