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A coincidence that sama has published this the same week that a single-feature app like Yo! announced that it raised $1m...?

Well, the Yo case is really eye-opening.

It seems 1Mi dollars is pocket change to some people.

1Mi dollars is a lot of money in the real world.

$1M isn't much for VCs. Yo didn't raise money from VCs, however. They raised it from angels, and it's a lot of money to them.

Why is it hard to believe that $1M isn't really a lot of money in the context of business?