'But by the end of the day - last Sunday, eight days ago - I was running a Delaware corporation valued at $10 million with $100,000 in pre-seed funding, which is insane. The idea for Capsule started with a tweet about reinventing social media. 10 proposals to get you started in the MediaWiki community Annoyed by some detail. I've been running a business based on consulting and based on academic R&D services,' he continues. Instead the tweet 'just completely exploded' and he found himself raising $100,000 'in a single day' - with $50,000 paid in there and then. '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). 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. 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. 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. An anonymous reader quotes a report from TechCrunch: The idea for Capsule started with a tweet about reinventing social media. 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. Reinventing Social Media (TechCrunch): Cryptocat author gets insanely fast backing to build P2P tech for social media The idea for Capsule started with. An anonymous reader quotes a report from TechCrunch: The idea for Capsule started with a tweet about reinventing social media.
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