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Advertising, Hiring and Rent Assuming you have some saas product with a bit of traction, you raise $100M. Why raise 100M? So you can DOMINATE growth within yo
by AndrewKemendo 3y ago
Advertising, Hiring and Rent
Assuming you have some saas product with a bit of traction, you raise $100M.
Why raise 100M? So you can DOMINATE growth within your vertical by hiring everyone away from their existing jobs, creating FOMO with marketing and then being acquired or doing some pump and dump like a SPAC - or maybe you can buy enough growth with other people's money to convince a friend of your Father (who is a banker) to underwrite your IPO cause your financials are slightly better than some shitcoin scam.
You can get to $1M/mo pretty easily if you get a fancy workplace with all the perks, hire 20-30 people for 250k+ each and spend $100-200k a month on ads and rent.
Remember, the whole goal of Venture and PE is to create a vehicle to dump a stock onto the public stock market at the highest delta between the IPO open price and their per-share common stock purchase price. That's it.
Doesn't matter what you make or why, or if it's fully legal, or good or bad or whatever - makes literally no difference as long as you can convince a banker that they will make 10-1000X on that specific transaction as soon as possible.