Even if -- some would say especially if -- you are profitable, you might take outside money to speed up the process. Not that unusual.
Speeding up is useful for many reasons. Just to name a few: you have a lead and want to maintain it; you suspect the window for product adoption is limited; you want to grow the business and sell it so you can move on.
They could grow slowly for the next 10 years, or throw lighter fluid on it and grow more aggressively, giving investors a cut along the way.
Speeding up is useful for many reasons. Just to name a few: you have a lead and want to maintain it; you suspect the window for product adoption is limited; you want to grow the business and sell it so you can move on.
They could grow slowly for the next 10 years, or throw lighter fluid on it and grow more aggressively, giving investors a cut along the way.