A VC’s take on the Season 5 premier of Sharktank
Lightspeed Venture Partners
SEPTEMBER 21, 2013
Despite having over 500k downloads and making $450k in revenue over the last 21 months, he had only $185k left in the bank, which meant that he would be out of business in 90 days if he didn’t raise more money. But eventually two syndicates emerged. Brooks has previously raised $1.6M What is important is prior execution.
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