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Thanks for the great question. We are actually profitable on every virtual server that we sell. The reason we raised our seed round is that our growth began to
by raiyu 13y ago
Thanks for the great question. We are actually profitable on every virtual server that we sell.
The reason we raised our seed round is that our growth began to outstrip our ability to acquire hardware and grow the business at the rate at which our customers were spinning up more droplets.
The second round that we raised was again for the same reason. Growth has been completely unbelievable and we are humbled by the support that the community has given us. We thought that our initial Seed round would certainly be enough to cover our growth but quickly saw that growth was actually increasing so we made the decision to raise a second round in a rather short period of time.
We were immediately impressed by Peter Levine's knowledge of the space and we are super excited about having a16z on board as our partners. This round has certainly provided ample funding for us to continue to expand not worry that our growth is going to outstrip our ability to finance it.
Thanks,
Moisey
- stevekemp 13y agoI see from your site you're hiring for various positions, but currently all of those are listed as NY only. I spent seven happy years working remotely as a system administrator, for a company listed in some of these comments, and wonder if this is something you've ever considered? I know that payment issues and similar might complicate things, but I'm surprised there seem to be essentially zero remote-working positions advertised for a company that will have round-the-world clients/users/customers. (i.e. You're liable to get issues, tickets, and monitoring alerts round the clock.)
- toomuchtodo 13y agoI traded emails with Moisey previously, they're not open to remote work (and I wasn't willing to move to NY).