4 ms·
Looks like they're raising money because they can (good valuation), but little seems to be said about why (especially given that they still have money from the
by grease 16y ago
Looks like they're raising money because they can (good valuation), but little seems to be said about why (especially given that they still have money from the last round)
- shin_lao 16y agoMoney never hurts. Raise as much as you can, spend as little as possible. Running out of cash is the first reason why company go out of business (nota bene: you can run out of cash and be profitable, cash != profits).
- CoachRufus87 16y agoDilution hurts.
- kqr2 16y agoPerhaps Twitter is forecasting a future environment where raising cash will be more difficult or under less favorable terms. That happened at my last company. Management sold a lot of bonds with stock warrants although we didn't need it at the time. The market tanked and we would have been unable to raise additional cash. That bond money kept the company going a little longer.
- ceejayoz 16y agoAcquisitions wouldn't be particularly surprising, if you ask me.