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JazzyPenguin
JazzyPenguin
Stealth

How some companies are able to raise a lot of money when they make peanuts revenue?

Eg. Say a company is making $300 to $400k a year and they were able to raise $5 million.

26mo ago
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GroovyBoba
GroovyBoba
X (formerly Twitter)26mo

Founders are great at selling a fake dream that's how you raise money.

JazzyPenguin
JazzyPenguin
Stealth26mo

Are investors dumb?

BouncyMochi
BouncyMochi
Stealth26mo

They are greedy for disproportionate returns, suffer huge FOMO given the competitiveness in their space

BouncyMochi
BouncyMochi
Stealth26mo

Selling your vision > Execution... Sometimes... Plus things like size of untapped market, number of existing players, founder track record, scope of monetisation and recurring revenue.. all forward looking items.... They also matter

DancingNoodle
DancingNoodle
Uber26mo

Ahem ahem , I know an app like this which has raised money like this (in fact all of you know and use this app)

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