My phone buzzes as I get a text from a friend who’s a partner at a VC firm. It’s a screenshot of a Venmo notification that just came in. “My 2 cents on why you should invest in my company,” reads the message she received, along with a $0.02 transfer. I tracked down and emailed the founder who sent the transfer to figure out what they were up to.
“In the past two and a half weeks I’ve reached out to over a hundred VCs, angels, celebrities, athletes and influencers through Venmo,” says Chip Herndon, CEO and co-founder at Chatterbox, in an interview with
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