15 lines
1.5 KiB
HTML
15 lines
1.5 KiB
HTML
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layout: post
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title: On funding my startup
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tags:
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- opinion
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- miscellaneous
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nodeid: 159
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created: 1201980639
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---
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This has been a whirlwind year for startups across the bay area and my startup, <a href="http://unethicalblogger.com/posts/r_tyler_ballance/my_new_startup">TY-Combinator</a> really is no different. Barely a month into 2008, <a href="http://www.slide.com">Slide, Inc</a> <a href="http://unethicalblogger.com/posts/r_tyler_ballance/five_and_seven_zeroes_is_big">announced it had received funding</a>, the recent news about the bid from Microsoft to purchase Yahoo! for just above the <a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)">GDP of Croatia</a> and now great news for the TY-Combinator.
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I'm pleased to announce that the TY-Combinator has received an unsolicited bid from Microsoft that values TY-Combinator shares at over 400% under market value. Microsoft is willing to offer TY-Combinator a half-eaten sammich in exchange for 85% of TY-Combinator outstanding shares. This is an exciting time to work for TY-Combinator, with the prospective addition of the capital Microsoft is willing to offer we will be able to finance new projects to expand our global reach over 1000%, up from our reported reach in the 2007 fiscal year of 1.
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<center><img src="http://pineapple.monkeypox.org/images/tycombinator-funding.jpg" width="450" /><Br/><strong>Microsoft's bid for a stake in TY-Combinator</strong></center><!--break-->
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