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0 pointswhalesalad4y ago0 comments

I agree that what you've described is likely the true situation. It just looks funny to see a company claim to be worth $2 billion dollars and namedrop big brands and yet require a 6th cash injection. There is an incongruence there.

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latenightcoding4y ago

But that's how most big tech companies have been operating for the last 10-15(?) years.

How do you think public companies that have never made a $ got there.

dalbasal4y ago

True. Private funding rounds this big just weren't available, so these were IPOs instead of round FS.

dvirsky4y ago

Redis Labs are more or less doing the same.

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