Re:Phase 3: Profit
by mattmaroon on Friday April 11, 2008 @07:29PM
(#161482)
They'll have difficulty getting funding at some point in the future without a down round, which nobody wants.
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Re:Phase 3: Profit
by nostrademons on Saturday April 12, 2008 @10:40AM
(#161846)
They're profitable, though. So if they wanted, they could avoid taking any more funding, ever, and just grow the company off retained earnings.
Re:Phase 3: Profit
by pchristensen on Saturday April 12, 2008 @11:22AM
(#161856)
Profitable, but nowhere near profitable enough to justify the enormous investment they've taken and their valuation.