An Evernote user once saved the company with a last minute $500,000 check

An Evernote user once saved the company with a last minute $500,000 check

Evernote, the popular note-taking service, was once so short on cash and possibilities that it was facing the very real possibility of shutting down.

After the market collapsed and a promising round of financing fell through, Phil Libin the founder of Evernote was determined to wake up and ‘do the adult thing’ the next day: wind down the company before it could no longer make payroll.

So. Much. Tech.

Some of the biggest names in tech are coming to TNW Conference in Amsterdam this May.

Just before going to sleep a Swedish user sent Libin an email praising the service, and offering to invest in the company if they needed money. Libin naturally said yes.

$500,000 later the company was recapitalized and able to get back on financial track. Of all the last-minute bits of ‘saving grace,’ this one has to take the cake. Watch the clip below for the full, amazing story:

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