Jason Goldberg Moxie

Summary List Placement

Jason Goldberg has learned his lessons in running a startup, especially when to take on venture capital investment, how much to take, and when to say no, he told Insider.

Goldberg has founded a number of startups, with mixed results, and is best known for e-commerce startup Fab, which raised $330 million before it infamously shuttered in 2015.

His current company is virtual fitness platform Moxie. It just closed a $6.3 million second seed round on Thursday led by Resolute Ventures with Bessemer Ventures, Greycroft Ventures, Gokul Rajaram and others participating. This follows an earlier $2.1 million seed round, closed in October, bringing Moxie’s total seed funding raised to date to $8.4 million, the company said. 

While $8.4 million is quite a healthy raise for a seed investment, Goldberg said he was cautious before accepting.

“We’ve turned down a lot of people who offered us a lot of money,” Goldberg said. “We had to resist the urge to raise more capital and instead really focus more on our business.”

Moxie aims to be the “Patreon of fitness,” it said, luring instructors away from popular fitness studios such as Barry’s Bootcamp, Orangetheory, and SoulCycle to teach virtual classes to people …read more


Source:: Businessinsider – Tech

      

(Visited 1 times, 1 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *