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Comment by susanwise

There is absolutely a way to do this but the new money coming in wants to keep as much revenue as possible to "preserve" valuation. We have already significantly cut revenue (~30%) last year in order to scale back costs. And the other concern is the more revenue you cut the more of a hole you have to climb out of to eclipse your preference stack. And cutting revenue while you are also trying to sell the company is going impact valuation.
parent susanwise 3 years ago

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