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As someone who much prefers bootstrapping businesses, this seems like a just insane amount of money to raise. If you had a growing popular product like this, w
by dabeeeenster 3y ago
As someone who much prefers bootstrapping businesses, this seems like a just insane amount of money to raise.
If you had a growing popular product like this, why on earth would you raise that amount of money? This isn't a rhetorical question btw! I would honestly like to know the rationale here?!
- taneq 3y agoI guess a lot of people have a hard time saying no when offered a hundred million dollars.
- tycho-newman 3y agoYou mostly take VC money when you can’t get credit from ordinary lenders, and your product hasn’t generated a profit.