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by 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

"metric ton of salespeople"

So about 12 salespeople? ;)

Not to mention buy out every Groupon clone in a market that they're not already in.
Surely that would fall foul of antitrust laws...