As One Startup Flounders, Another Rises In Its Place

Bay Area
#1

This is by no means a huge company but just another sign of the region strength when it comes to innovation that few other areas can replicate easily. When you get so many smart people together, something new/creative is bound to come of it. Now, will all ideas turn to mega profits? Of course not. But all you need to do, is connect once and bingo!

http://www.bizjournals.com/sanfrancisco/blog/2016/05/clover-health-insurance-funding.html

#2

After reading the entire article I still don’t understand what Clover does… :slight_smile:

Boy, whatever happened to the lean startup model? This company has more than 200 people?

#3

Does it matter? It got funding…:grin:

#4

With that kind of funding, I hope the employees aren’t counting on $$ from their stock options. VCs will get every last dime.