3 ms·
I have no doubt that they aren't profitable and will need to raise additional money. May 2019 gives some grips to the timing though; A 2 year expansion runway
by smileysteve 7y ago
I have no doubt that they aren't profitable and will need to raise additional money.
May 2019 gives some grips to the timing though; A 2 year expansion runway on a raise is pretty standard, so while they will likely be talking to investors this year, if they limit expansion, they should presumably be safe through 2021. But how much will their business growth metric be impacted; restaurants and face to faces weren't their business, but technology companies, and most likely those near or over a year old who have raised a round.