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Right, but why do they need a huge influx of cash just to keep growing an already successful enterprise? Especially when the founders have to give up some contr
by rhygar 16y ago
Right, but why do they need a huge influx of cash just to keep growing an already successful enterprise? Especially when the founders have to give up some control over the company to get it.
3. Profit!
4. Raise VC Money
5. ???
- rms 16y ago5) Build out a sales team
- bazookaBen 15y agothese guys are smart, they're probably going to use social media,social buys,etc to gain leverage over existing indie distribution channels. I also smell a partnership with a big gun (like Xbox Live Arcade)
- JofArnold 16y agoThat's a common question in situations like this. Essentially they have a scalable business model, so rather than waiting a few years to grow to size organically they can jump to that stage in the business much earlier. Sure, they give up some control, but Sequoia are awesome folks and they massively de-risk the business this way.