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It just felt to me like retribution for this:

https://news.ycombinator.com/item?id=5491293

Where I'm guessing that refer.ly is trying to raise their own series a and possibly getting frustrated.

That said - entrepreneurs should be more concerned with growing a business than making friends with VCs, so more power to danielle if this is how she ends up making it work.



It's certainly not retribution, I posted that story and I think it's interesting - and then it turned into a TC story!

Refer.ly recently pivoted - in fact every stat about our business is on the front page of our site. We aren't raising Series A, we have ~18 months of runway left at our current burn.




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