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Or better yet, why do some Startups require SO MUCH funding?
I was researching some cloud communication tech startups and they have over 200 million dollars worth of funding.
Between splitting the equity among the cofounders and possible others (not even including the investors), im sure the founders dont even have a sexy amount of equity left.
And Im sure with that much funding it takes another pie, which then puts a lot of startups in a position to sell quicker.
I am part of a startup company's founding team in the Energy industry, and we are going to try to get funding, but are we going to really need tens of millions or even hundreds of millions if we are just providing software based solutions?
I was researching some cloud communication tech startups and they have over 200 million dollars worth of funding.
Between splitting the equity among the cofounders and possible others (not even including the investors), im sure the founders dont even have a sexy amount of equity left.
And Im sure with that much funding it takes another pie, which then puts a lot of startups in a position to sell quicker.
I am part of a startup company's founding team in the Energy industry, and we are going to try to get funding, but are we going to really need tens of millions or even hundreds of millions if we are just providing software based solutions?
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