How Lip-Sync App WOMBO Landed $6 Million After 200 VCs Said No
WOMBO Toronto startup Wombo has raised $6 million from investors such as Ashton Kutcher. CEO Ben-Zion Benkhin was so confident in Wombo that he dropped out of school to launch the startup. Wombo's lip-syncing app now has 49 million downloads, but 200 investors initially rejected it. Ben-Zion Benkhin just knew he had a smash hit on his hands. The 24-year-old had been studying artificial intelligence at the University of Toronto. But last year, he left school to devote his attention to building an app called Wombo, which would animate selfies to the tune of popular...