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by pdaviesa 5568 days ago
The idea that they already have a corporate accounting dept speaks to the root of the problem.
1 comments

You think it's weird to have a CFO or equivalent when you have that much money to manage? I sure don't.
I'm not sure why they actually need that much money at this stage of their company's development. With that said, I certainly wouldn't turn down $41 million if someone wanted to give it to me :) However, the fact that they now need to produce returns on this large of an investment may add a whole new level of pressure to the already difficult task of launching a viable startup.