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Round A Funding - How is it spent?

 
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rickdeaconx

posts: 2

Jul 19, 2012 7:53 PM ET    Quote  Report Abuse
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Hey all!

Had a question for the lucky individuals who have had the success of obtaining Round A funding of a large amount (over 4 million).

What was the allocation? How does a startup spend $4m in one year? I know multiple have achieved almost $10m, but where does it go? I know this info may be confidential sometimes but once it's achieved I think it can be public.

I know the general things - but in a test run of what's 'needed' for an enterprise level startup(ie, needs more than consumer), I couldn't get anywhere near that in my fictitious figures.

 

Any help?



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apozy.com
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