back to article GoFundMe shows users how it's done, cashes in with $600m valuation

Online hat-passer GoFundMe has sold off a controlling stake of its business to investors who value it at roughly $600m. The Wall Street Journal cited sources familiar with the matter in reporting the donations broker had completed a round of venture capital funding that culminated with investors taking over the majority …

  1. Richard Taylor 2
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    8% - a fine way to milk donations.

  2. elaar

    What's stopping someone making a similar website that is not-for-profit?

    $600million for a 5 year old site that would be simple to clone.

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