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Then why sell now? Were they losing money? I am not to familiar with podtech.net but with 7.5 million in venture funding, a 500 grand sale is a huge hit.
by notdarkyet 18y ago
Then why sell now? Were they losing money? I am not to familiar with podtech.net but with 7.5 million in venture funding, a 500 grand sale is a huge hit.
- jonknee 18y agoThey were obviously losing money. You don't sell out for 15 times less than what your VCs have put in if you're banking.