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The $41m injection might well kill the company. I've never seen startups with too much capital early on to become the next Google/Facebook/Twitter - you lose yo
by tyng 16y ago
The $41m injection might well kill the company. I've never seen startups with too much capital early on to become the next Google/Facebook/Twitter - you lose your chance to become "relentlessly resourceful"!
- blantonl 16y agothere is a big difference between having the capital available and actually spending it.
- tyng 16y agoDoesn't it make you a bit relaxed? I've seen the effect of "too much money" first hand, regardless of spending
- wat55 16y agoSorry, but your company dies when you have no more cash. The $41 million will help them survive for a long time.
- tyng 16y agoBut the point of the $41m from an investor's perspective is to get them to scale, not survive.