Venture News

The rise of giant consumer startups that said no to investor money

Published on Aug 31, 2018

When Moiz Ali launched his startup Native, the maker of a natural deodorant brand, he couldn't help but be self-conscious when mingling with other Bay Area entrepreneurs. "In Silicon Valley, it's often embarrassing when you haven't raised money," Ali told Recode recently. "When I'd go to parties or dinners, entrepreneurs would talk about how many employees they had.