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Round A Funding - How is it spent?

    • 2 posts
    July 19, 2012 2:53 PM EDT

    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?