Nov
24
No New Venture Capital For CafePress
ByFor the past several hours, I’ve been following stories that Sequoia Capital has backed another $8.3 million venture funding for CafePress. I went straight to CafePress and asked for a comment. Their reaction?
Huh? Whuzzat?
Maybe TechCrunch, along with several other bloggers, got it wrong.
According to CafePress spokesman Marc Cowlin: “The story, as reported by TechCrunch, is incorrect. CafePress did not raise any venture capital, nor have we received funding from Sequoia Capital since our series B funding in 2005. We have been in contact with TechCrunch and they have since posted an update to the original story.”
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2 Comments
November 24th, 2008 at 9:52 pm
Isn’t it weird how rumors get started? Let’s start one that Sequoia is giving funding to POD for you.
Barb
November 25th, 2008 at 6:21 am
ROFL I could use 8.3 bucks! I’d stroke if I came up with 8.3 MILLION!