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by joschmo 1933 days ago
1. Strong liquidity position from several recent rounds of fundraising so they do not need the cash

2. Well recognized brand amongst the investor class / product serves the investor class (similar to a Peloton) so the company would not suffer from a lack of recognition that may plague a Snowflake or Databricks. Allows investors to get comfortable with the story more quickly and through an accelerated process rather than your traditional testing the waters period + roadshow

3. Diversified cap table with many well-known long only and mutual fund names invested already involved