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Re:Why They Were Able To Raise Money by mattmaroon on Thursday August 12, 2010 @02:11PM (#1598752)
He isn't wrong though. That is a pretty good list of reasons why a large funding round may have happened. They aren't requirements, but they do all help.

The good news is that none of those things ensure a large funding round, and also that large funding rounds aren't needed for a startup to succeed. I don't think anyone would suggest that you shouldn't start a company if you can't check three of those boxes. But you probably shouldn't start a company that needs a $20m Series A just to have a shot.

Re:Why They Were Able To Raise Money by axod on Thursday August 12, 2010 @04:51PM (#1599212)
Also depends on what you consider 'startup success'.

Many of the startups we hear about being acquired doesn't really mean they succeeded. Only means the founders/investors were able to make a quick buck from someone willing to buy it.

It must be quite a 'hollow' success to cash out selling an unproven business model to some bigco.