The Ledger
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Rapid Funnel rejects employee tracking software, managing strictly by outcomes
“The truth is, in my estimation, putting your thumb on them doesn't do any good, because you can't see them. They're not in an office, and people are like, do you have all this tracking software? Do you know how many hours they're on their computer a day? I'm l…”
Rapid Funnel secured $1M from existing investors without giving up equity
“And I made a really compelling argument, put a whole slide deck together, and they literally gave us a million dollars. It's sitting in the bank, and we're using it to obviously to grow the company, which is cool, and I think it has a lot to do with the cultur…”
Rapid Funnel is self-funding after raising just $300,000 in pure equity
“No, that was pure, just equity. No payback, nothing else. And they've offered a lot more. Now we've had a lot more offers since then, but now we're self-funding and it's going great. We're dealing with large enterprise level companies.”