Biz Stone’s New Business Drawing Big Name Investors
For weeks now we’ve heard rumblings about the mysterious new business venture undertaken by Twitter co-founder Biz Stone.
Simply known as Jelly, no one really knows what Stone’s new venture is all about. There are guesses, but only that – guesses.
What isn’t a guess, however, is whether Stone will launch his new startup with serious cash in reserve.
According to published reports late Thursday, Stone has already attracted an august crowd of financial backers.
“We chose angels like Al Gore, a Partner at KPCB and Chairman and Co-founder of Generation Investment Management, Greg Yaitanes, a Hollywood director, and Roya Mahboob, an entrepreneur doing amazing work for women in Afghanistan partly because they work in divergent fields. Knowledge diversity is something we prize highly and is also something that will be represented in our product,” an announcement from Stone reads.
For now, Jelly isn’t saying how much money it raised in this round.
“As mobile devices have taken an increasingly central role in our lives, humanity has grown more connected than ever–herein lies massive opportunity,” the post continued. “With this capital raise, Jelly has the means to hire more great talent and continue building what we think of as the natural next step for our connected society. We will share more about Jelly from a product perspective when we move beyond early prototyping.”
What do you think Jelly is all about?
