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Why would they be raising VC then?
by api 9y ago
Why would they be raising VC then?
- tomasien 9y agoMost of that $$ was loaded towards the end of the year, so they were in the middle of the raise as it ramped up insanely. They closed the raise before the revenue was hitting that mark, announced it in August, then it turned out to be likely irrelevant when they made another $600m to finish 2017 and no signs of stopping (although slowing) in 2018.
- charlesdm 9y agoFounder cashing out some might also be a reason.