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Because they are wildly profitable already without outside capital investment. Also: much less paperwork to do.
by danesparza 7y ago
Because they are wildly profitable already without outside capital investment. Also: much less paperwork to do.
- whitepoplar 7y agoIf they're wildly profitable, why would they need this latest funding round?
- dagw 7y agoPerhaps they needed some short term liquidity to make a new investment in something. Or perhaps they wanted to let some early investors/employees cash out.