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How does a company like this get $45 million in funding? Is that really cash in the bank, or "on paper, committed under certain circumstances, with only $1 mill
by lmg643 12y ago
How does a company like this get $45 million in funding? Is that really cash in the bank, or "on paper, committed under certain circumstances, with only $1 million actually in the bank as of today?"
I guess I just don't understand how a business like this could ever get funded to $45 million.
Where's the competitive advantage?
India sent a satellite to orbit mars for $74 million, these guys have people answering phones to book odd jobs for $45 million?
- jonknee 12y ago> India sent a satellite to orbit mars for $74 million, these guys have people answering phones to book odd jobs for $45 million? And the phones aren't even provided by the $45,000,000! Lunch is though, so maybe that's what the big bucks get you.
- jakejake 12y agoIf you have somebody at your company who is well connected, good at making connections and is good at delivering presentations to investors, then you can get money even if your office is poorly run.