CHICAGO — December 1, 2015–Basecamp is now a $100 billion dollar company, according to a group of investors who have agreed to purchase …

[ Source : Signal v. Noise — Medium ]

I know – it’s an old piece, but the message is no different. Jason Fried – Founder and CEO of Basecamp in fine form demonstrating the inane shenanigans of insider investing to boost start up valuations. If Basecamp goes belly up – he has a second career at the Onion.