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A comment on Posterous acquired by Twitter. Parent comment

Re:Posterous acquired by Twitter by veguss on Monday March 12, 2012 @08:36PM (#3696413)
More like 600k-900k a month. Prabably will run out of cash in 3-5 months. I don't understand how these startup burn so much money so fast...
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Re:Posterous acquired by Twitter by jonknee on Monday March 12, 2012 @08:44PM (#3696436)
Hiring people is expensive. They had quite a few people:

https://posterous.com/about

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Re:Posterous acquired by Twitter by ig1 on Monday March 12, 2012 @09:09PM (#3696514)
Unlikely, you typically raise investment to give you an 18 month runway, any shorter than that and you don't really have time to build the product before you're fund raising again.
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