Gassner: Veeva funded early development via a $3M upfront Pfizer payment
Peter Gassner · Capital-Efficient Growth (with Zoom CEO Eric Yuan & Veeva CEO Peter Gassner) · Acquired · May 19, 2022 · at 29:07
Veeva CEO Peter Gassner explains how landing Pfizer provided non-dilutive capital to fund product development.
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“I thought, oh, we've just raised a three million dollar round of capital here and it didn't cost us any dilution, right? The check came in.”
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