"I posted that tweet and the expectation that I had was that basically 60 people max would retweet it and then maybe I'll set up a Kickstarter," he tells us. But Kobeissi says he was startled by the level of interest in the concept. For now there's nothing to see beyond Capsule's landing page and a pitch deck (which he shared with TechCrunch for review). The nascent startup has a post-money valuation on paper of $10 million, according to Kobeissi, who is working on the prototype - hoping to launch an MVP of Capsule in March (as a web app), after which he intends to raise a seed round (targeting $1 million-$1.5 million) to build out a team and start developing mobile apps.
A day later cryptography researcher, Nadim Kobeissi - best known for authoring the open-source E2E-encrypted desktop chat app Cryptocat (now discontinued) - had pulled in a pre-seed investment of $100,000 for his lightweight mesh-networked microservices concept, with support coming from angel investor and former Coinbase CTO Balaji Srinivasan, William J. "This is not in any way true" UI lecturer reacts to reports he gave $100 to students who attended his first class after ASUU strike - Linda Ikejiġ92 Suspected Drug Traffickers Arrested In Ebonyi - ToriĢ-Month-Old Babys Arm Amputated after His Father Allegedly Beats Him with Hanger for Disturbing His Sleep - GistloverĢ023 Elections: Our Heads Should Be Examined If We Vote For APC - Obaseki Tells Nigerians - ToriĢ023 Elections: PDP Presidential Campaign Releases Time-table For Remaining Events - ToriĢ023 Elections: Peter Obi Set To Begin Campaign In Nasarawa On Saturday - Tori Click to view all Entertainment headlines todayĪn anonymous reader quotes a report from TechCrunch: The idea for Capsule started with a tweet about reinventing social media. "Steve Maduka threatened to assassinate Sandra Iheuwa" Lawyers say in petition to IGP and American embassy - Linda Ikeji "I don't think I will attend her funeral" Woman expresses outrage after her sister returned to her abusive boyfriend and he "didn't spare her" - Linda Ikeji "Don't let a woman spend money on you" Tuoyo warns men - Linda Ikeji
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