Hmm why do they need to raise so much cash every 9 months? Also does anyone here use them and have any thoughts about their product?
> Hmm why do they need to raise so much cash every 9 months? Well, they say the best time to take investment is when you don't need it. If you wait until you need it then the terms will be worse. If investors are offering you money when you don't need it, it may be the best time to accept it. The sequence of raises here look like a fairly normal sequence for a growing startup, except that they happened much closer to…
Hmm interesting, I need to go read some books, gimme a few weeks to come up with an intelligent response, thanks for your insight