Redpoint

Redpoint appears in Jared Friedman, Partner, Y Combinator; Co-founder, Scribd as the venture firm Scribd chose for its Series A after the company launched, drew heavy startup-media attention, and received term sheets from Redpoint, CRV, and [[SequoiaCapital|Sequoia]]. Jared Friedman says the round was about $4 million at a $21 million post-money valuation.

The source uses Redpoint mainly as financing context. The firm marks Scribd’s shift from nearly broke post-launch startup into a venture-backed company that still had to survive traffic decline, User-Generated Content Copyright Risk, and later the 2008 financial crisis.

Connections

• Scribd, Jared Friedman, CRV, and [[SequoiaCapital|Sequoia]] - financing context.
• Startup Runway Discipline and Investor Risk Narrative - adjacent financing and survival concepts.