The Demise Of Tilt: A Bargain For Airbnb, A Classic Loss For Investors Like Andreessen Horowitz
At its height in early 2015, social payments startup Tilt had the makings of the next Facebook—and dude, it was going to be awesome.
Keggers, spring break trips, EDM concerts—Tilt was growing like wild on college campuses, where students were using the company’s mobile app to crowdfund events and settle up with groups of friends. At Tilt headquarters, employees barely older than the coeds they served were living a similar lifestyle, with beer pong on the office’s rooftop deck and hot tub hangouts during employee trips to Lake Tahoe.
Tilt founder and CEO James Beshara, a lanky Southern showman and first-time founder, Read More
Source:: Fast Company



