Month: August 2016
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Carousell’s Series B
To me, a startup can only get away from trying to generate revenue for so long. The true test comes when they try, and perhaps they have been holding out trying until they get a long enough runway, which is now, getting their Series B. The best way to boost valuation is to hide…
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Startups: Reliance on fundings as a barrier to entry against competitors.
I think well funded startups are after perceived barrier to entry now. If you lose more money per year, it means there is a higher barrier to entry to your business, as others need to have deeper pockets in order to compete. In the eyes of investors, that’s actually good. If you are making 5…