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The scoop behind Scoopler's fundraising

Co-founder AJ Asver shares fundraising tips and why Y Combinator is a good home for startups

Innovation series by John Bautista
July 9, 2009 | Comments
Short URL: http://vator.tv/n/944


Scoopler is a graduate of the Y Combinator program in Silicon Valley. The real-time search engine, which came together in 2008, has just closed its seed round of funding.

In this segment, John Bautista talks to Scoopler co-founder AJ Asver about how he and his co-founder Dilan Jayawardane raised their initial round of funding, and why they chose to do a debt round rather than an equity round.

He also talks about why being backed by Y Combinator is like "being put into a bazooka and shot out."

Y Combinator is a high-profile and respected venture capital company focused on investing no more than $20,000 at the earliest stages of a company's life cycle.  


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