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A comment on Fastly S-1. Parent comment

Re:Fastly S-1 by pault on Friday April 19, 2019 @09:05AM (#19699229)
It says something about the industry when "only" a $30.9M annual burn rate sounds small.
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Re:Fastly S-1 by wongarsu on Friday April 19, 2019 @10:11AM (#19699747)
The $30M is 20% their annual revenue, or 18% of their current assets. That doesn't seem out of line for a growing business, and is something you can do without Venture Capital.
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Re:Fastly S-1 by whttheuuu on Friday April 19, 2019 @09:41AM (#19699501)
It is quite small though compared to potential profits.
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