4 ms·
Right, but, the owners end up pocketing a substantial portion of investor money. Look at WeWork. If you need 10 rounds of funding to keep running, your profit
by mmazing 5y ago
Right, but, the owners end up pocketing a substantial portion of investor money. Look at WeWork.
If you need 10 rounds of funding to keep running, your profit model is "obtain investor money".
(Probably controversial, but IMO 3 rounds of funding is pretty sus.)