Comment Comment by nhangen How much have they raised so far? According Crunchbase, around 96 million. http://www.crunchbase.com/company/fitbitThis means they need to exit at a 'cool billion' or IPO in order to provide the return their investors are seeking.I think Fitbit is cool, but 1b for a product that has no demonstrable uniqueness would scare the hell out of me as a founder.I'd love to know why they went for so much. parent nhangen 13 years ago
This means they need to exit at a 'cool billion' or IPO in order to provide the return their investors are seeking.
I think Fitbit is cool, but 1b for a product that has no demonstrable uniqueness would scare the hell out of me as a founder.
I'd love to know why they went for so much.