“The reason we did it pretty quickly is because we had gotten profitable before we went out for a Series A, which I forgot to mention.”
quote is from the automated transcript, cleaned for reading:
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More from Vanessa Torridilla
Insight
Torrivilla: Profitability gives startups leverage for faster fundraising
“If you've already worked out your unit economics and you, you've become profitable, then, you know, you have a little bit more leverage to have, you know, I feel like a faster, ah, fundraise process.”
Vanessa TorridillaAug 16, 2017▶ 23:27Founders of Science Exchange, Goldbely, and The Flex Company Discuss Fundraising · Y Combinator
Insight
Torrivilla: Working 24/7 actually slows your company down
“What you don't realize is that you can burn out if you're just working 24 seven. If what, if you leave work and go home and continue to work, you're not gonna make better decisions for your company. It's actually gonna slow you down.”
Vanessa TorridillaAug 16, 2017▶ 24:52Founders of Science Exchange, Goldbely, and The Flex Company Discuss Fundraising · Y Combinator
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