Now, normally when a little tech company such as ours announces an
“equity event”, it’s one of two things: Either they’ve sold out to
a larger company for a big ass check (i.e., “It’s been a great
journey, and we couldn’t have done it without you. See yah,
suckers.”), or they’ve raised money from one or more Venture
Capital firms. This is different: Jay and I still retain majority
ownership of Dark Sky, and we continue to be an independent
company. At the same time, this isn’t simply a money injection,
and Applied Invention isn’t a VC firm. They actually build stuff.
And they’ll be involved in the day-to-day operations here at Dark
Sky on a technical, operational, and business level.
Sounds like a great partnership. Dark Sky remains one of my very favorite apps.