Re:Why We're Not Raising Funds
by pxlpshr on Tuesday March 31, 2015 @11:07AM
(#9296731)
$50MM isn't big enough. It just doesn't support most funds' basic economics. It's nothing personal about you or your idea.
Furthermore, why would you want to raise money if your market cap is $50MM? If you were to raise, you'd likely have to exit for upwards of $300-500M to have the same exact returns as not raising. A bootstrapped, $50MM company is absolutely nothing to scoff at.
Furthermore, why would you want to raise money if your market cap is $50MM? If you were to raise, you'd likely have to exit for upwards of $300-500M to have the same exact returns as not raising. A bootstrapped, $50MM company is absolutely nothing to scoff at.