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According to Brunner, WP Engine still had a good amount of its earlier funding in the bank, but decided to go ahead and raise now in order to be able to grow it
by jjoe 13y ago
According to Brunner, WP Engine still had a good amount of its earlier funding in the bank, but decided to go ahead and raise now in order to be able to grow its service quickly.
Are businesses taking on any funding they can now for fear of rough times ahead? It's as if Janet taking over in Feb is making people nervous and times seemingly uncertain.
- patrickg_zill 13y agoI think they probably wouldn't tell you :) ... however it would certainly be a consideration, I think.
- teej 13y agoCommon advice is to raise when you don't need it.
- djt 13y agoyou get better terms this way and is a way to shut out competitors that are considering entering your space (because they know you can burn money to stop them getting traction) If you NEED money, you will find it harder to get