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0 pointswhalesalad5y 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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3 comments · 2 top-level

latenightcoding5y ago· 1 in thread

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.

dalbasal5y ago

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

dvirsky5y ago

Redis Labs are more or less doing the same.

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