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A comment on Ask HN: Where they/you spend $1m for a startup?. Parent comment

Re:Ask HN: Where they/you spend $1m for a startup? by jimmmylost on Tuesday January 15, 2013 @04:09AM (#5059387)
[Repeat] We assume that your are a web developer, you have an idea and have it implemented. you sell or are not! do you really need hundreds of thousands of dollars?
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Re:Ask HN: Where they/you spend $1m for a startup? by mpr3 on Wednesday January 16, 2013 @07:56PM (#5070191)
What this usually gets used for is hiring sales staff in advance of having the revenue that allows it. Acceleration is really the key thing that this capital is looking to accomplish (in theory).
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