Our startup Flowtown was exploding, we’ve got thousands of customers, we’re growing at 30%+ month over month and we decide to raise our next round of funding.
We start meeting with VC’s doing the Sand Hill Road shuffle, and they’re going great.
Then one day as we sit in the parking lot of one of Silicon Valley’s biggest firms, we get an email from someone on our team telling us we should read the cover of the New York Times.
It turns out there’s an expose on how certain Facebook Apps are using users data to sell to advertising networks.
Why did this matter to us?
Well, we relied heavily on Facebook’s data to help our users discover which social networks their customers were spending time on, online.
Due to a handful of nefarious apps, it looked like Facebook might have to shut down their API that allowed our secret sauce to work.
So we did what any founder would do… Read More