The Lotto funded by Bay Partners: Interview with Jason Beckerman, co-founder of Dank Apps


Last week, Dank Apps announced $250,000 funding from Bay Partners as part of the AppFactory program. Dank Apps is the developer of The Lotto, which has gained popularity by offering daily cash prizes to Facebook users. I spoke with Dank co-founder (and Graphing Social viral strategy co-panelist) Jason Beckerman about the funding and his company’s unusual structure.

IF: Why did you decide to take money from Bay Partners, as opposed to angel investors or a traditional VC round?

JB: Actually, we wanted to pitch Teach

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