There have been some very good reasons why I have found no time to blog:
- Terrific customer traction.
Q2 2010 was huge. Q3 2010 was even bigger. Negligible churn. Lots of traffic, system scaling effortlessly.
- Enthusiastic reception from the venture capital community.
We made the rounds in Portland, Seattle and Menlo Park. The first 3 firms we presented to all decided to move forward. Eventually, we turned down 1 term sheet (Portland) and brought the other two (Seattle and Silicon Valley) together for this round. We will be making an announcement later this week.
Gigantic market. Terrific product/market fit. A very special team. Lots of satisfied customers. It doesn’t get any better than this!