While you spent the summer day-drinking, the wunderkind founder of mysterious payments startup “Clinkle” was hard at work. Three months on, it’s no clearer what the startup, which was somehow able to net a $25 million seed round, actually does. Yet AllThingsD reports that the company has managed to sign Richard Branson as yet another investor.
Clinkle has also debuted an ad to sell us on the merits of this as-yet-unrevealed piece of technology. Rather than getting specific, though, they decided to go high concept. In fact, we’d say it’s all concept, no pitch.
Hey, if you felt a faint disturbance in the force this morning, here’s why: Lucas Duplan, a kid barely old enough to drink, just raised a $25 million seed round for his stealth payments startup, which is called “Clinkle.” According to AllThingsD, the company is telling everyone it’s the largest seed round in Silicon Valley history.
Pay no attention to the ghost of Color Labs hovering in the corner of the conference room.
The name, according to Business Insider, ”comes from the sound change makes and its ability to turn into a verb (‘Clink this!’).” When will someone launch a startup dedicated to finding better startup names?