$10 Million Grilled Cheese Startup Investment
We can all understand the value of a great grilled cheese--but is it worth $10 million in invesments? Michael Moritz of Sequoia Capital recently made the interesting choice to invest in a small grilled cheese business. His decision, he explains, was based on his trust in the owner, who has proved himself successful in other ventures.
The day a small company called "The Melt" received millions of dollars from one of the most prominent venture capital firms in the world, the term "startup" began to lose a lot of meaning.
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