Should Startups Focus on Profitability or Not?
Both Sides of the Table
DECEMBER 27, 2011
They both raised angel / seed money of $1.5 They raised $5 million in venture capital to fund growth. They used the money to hire a bigger tech team so they could roll out their second product line. The company would have had to raise at least $35 million in venture capital to have funded operations like this.
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