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swombat
5634 days ago
They didn't raise $950m to extend their runway. No one raises this sort of money for that. They're already highly profitable. They raised that money to hire a metric ton of salespeople to expand the business even faster.
2 comments
sage_joch
5634 days ago
"metric ton of salespeople"
So about 12 salespeople? ;)
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jnovek
5634 days ago
Not to mention buy out every Groupon clone in a market that they're not already in.
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swombat
5634 days ago
Surely that would fall foul of antitrust laws...
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So about 12 salespeople? ;)