Startups impact 16

Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says

Y Combinator alum Skio sells for $105M cash, only raised $8M, founder says Subscription billing fintech Skio sold to its competitor Recharge in what was a healthy exit, according to its founder and former CEO.

Why it matters

The founder community will be debating this. Pay attention to how skio players respond in the coming weeks.

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