Re:Google DeepMind
by neel8986 on Friday April 21, 2023 @06:59AM
(#35652046)
Raising money is ok. Selling 50% of your company for 10B the company when apparantly you have trillion dollar defensible business dont any business sense.
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You need money to turn it into a trillion dollar business... Selling equity is how you raise that money.
If you were sure it will be a $1T business you have more reason to sell equity and accelerate the growth of your company, because you know the remaining 50% is going to be so valuable.