More than 40 VC firms turned Thumbtack down until Javelin Venture Partners led a $4.5 million round in early 2012. “We were about to let everyone go,” recalls co-founder Jonathan Swanson.
Addendum (2/11/2019):
In a recent post on Medium, Swanson gets specific:
“Raising our Series A, we pitched 42 investors… and got 42 rejections.”
