Couple of thoughts: one, just because they've raised 11 million, doesn't mean that they've actually used all of it. Granted, having 40+ employees (according to their About Us page), is a significant drain on their cashflow, but I haven't seen what their earnings are. It's possible that they haven't used up their funding completely (or at all).
Two, I'm totally with you on the value to founders between taking lots of funding and getting a massive exit vs. taking a little bit of funding and having a lower exit. It may not translate into two radically different paydays. If anyone has any more insight into this, I'd be interested to know.
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Couple of thoughts: one, just because they've raised 11 million, doesn't mean that they've actually used all of it. Granted, having 40+ employees (according to their About Us page), is a significant drain on their cashflow, but I haven't seen what their earnings are. It's possible that they haven't used up their funding completely (or at all).
Two, I'm totally with you on the value to founders between taking lots of funding and getting a massive exit vs. taking a little bit of funding and having a lower exit. It may not translate into two radically different paydays. If anyone has any more insight into this, I'd be interested to know.