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by ordinathorreur 4525 days ago
Why would a profitable company like Basecamp need VC money?
1 comments

Profitable companies take VC money all the time. In fact, I would guess that's where most VC money goes to (despite all the high profile SV startups that get press). Companies do so to grow at a faster rate.
More to the point, why would a profitable company who wants to stay small take VC money?