[–] josephjacks 2y ago ↗ They spent only $15M of the nearly $500M in VC they raised to get to a $500M+ ARR business. Let that sink in. [–] casperb 2y ago ↗ > …in the operation of our businessI don’t know what they mean with that, but they had 100M+ losses and 45M+ negative cashflow in only the last two years. So they used the money but not for “operating”, or got it from somewhere else that is not revenue.
[–] casperb 2y ago ↗ > …in the operation of our businessI don’t know what they mean with that, but they had 100M+ losses and 45M+ negative cashflow in only the last two years. So they used the money but not for “operating”, or got it from somewhere else that is not revenue.
[–] rwhyan 2y ago ↗ > As of June 30, 2023, we had 1,458 customers generating over $50,000 of ARR, representing growth of 94% year-over-year.Of 130,000 customers
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[ 4.4 ms ] story [ 25.3 ms ] threadI don’t know what they mean with that, but they had 100M+ losses and 45M+ negative cashflow in only the last two years. So they used the money but not for “operating”, or got it from somewhere else that is not revenue.
Of 130,000 customers