Aronow: Yuga Labs Was Wildly Profitable Prior to Its VC Round
Wylie Aronow · HIBT Lab! Bored Ape Yacht Club: Greg Solano and Wylie Aronow · Sep 1, 2022 · at 55:06
Wylie Aronow explains why Yuga Labs raised a $450M funding round from Andreessen Horowitz despite strong underlying profitability.
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“I mean, at the time, we were so wildly profitable that, like, we didn't really need to raise, but we started thinking, okay, well, there's a couple of reasons to do this.”
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