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No, the $6m was a secondary investment. That is, the founders sold their personal shares to the VCs. That money is not intended to build the business, it's a ca
by pbiggar 12y ago
No, the $6m was a secondary investment. That is, the founders sold their personal shares to the VCs. That money is not intended to build the business, it's a cash out for the founders so that they're not tempted to take other liquidity offers.
- manigandham 12y agoI'm responding to the situation described in the parent, not Secret.