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I suspect it's for a lot of other things: Advertising, technology (HW & SW), customer support, paying off initial investors, space, etc.
by mathattack 10y ago
I suspect it's for a lot of other things: Advertising, technology (HW & SW), customer support, paying off initial investors, space, etc.
- hamana 10y ago> paying off initial investors Here comes Charles Ponzi ...
- mathattack 10y agoWhen companies defer their exits, it becomes reasonable for seed investors to ask for their money back. This happens quite a bit in Private Equity, where investors resell companies every 5-7 years.