The Ledger
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Boom Supersonic recently took a down round at a $2B valuation
“I think he had to take a huge down round, and he tweeted out about it, I believe, and I think his most recent valuation was two billion dollars.”
Virgin committed to buying 10 Boom planes the night before YC Demo
“In that extra 24 hours, he ends up getting an email from Virgin the night before Demo Day that says, you're allowed to announce, we'll take the first 10 planes, we've got options on them, and through Virgin Galactic, we'll even help you build it.”
Boom Supersonic holds the record with $5B in YC Demo Day LOIs
“Still to this day, nobody's walked into YC Demo Day with five billion dollars worth of letters, letter of intent.”
Puri: Justin Caldbeck was an early investor in Snapchat, Grubhub, and Stitch Fix
“He was an investor early on in like Grubhub, Snapchat, Stitch Fix, like Boom, like just like a bunch of companies that have done really well.”