The hardest funding round DoorDash CEO Tony Xu ever had to raise for his company was its seed round, he told Business Insider in a recent interview.
DoorDash was part of Y Combinator's accelerator program, raised seed funding after that, and has since gone on to raise seven formal rounds of venture financing — bringing in some $2 billion altogether. The company "Our seed round was by far most the difficult round of financing," Xu said. By the time the company finally secured the funds, DoorDash "was days, weeks away from running out of cash," he added.
Not long after that, Xu and DoorDash finally secured the financing.. Keith Rabois, then at Khosla Ventures, and Saar Gur of Charles River Ventures, decided to co-lead a $2.5 million seed round for the company andHe learned lessons from the experience
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
iwoca debuts lending platform for third parties - Business Insider - Business Insideriwoca's new platform will help it diversify its distribution channel and third parties to offer SMBs a well-rounded service
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
The Smart City Journey Report from Business Insider Intelligence - Business Insider[NEW REPORT] The Smart City Journey: BIIntelligence takes a deep dive into evolving smart city solutions to provide a roadmap for master systems integrators
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Buying gift cards isn't enough to save local businesses, experts say - Business InsiderExperts say buying gift cards will only 'go so far' unless the government steps in to save local businesses hurting from coronavirus-related closures
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Goldman Sachs CEO gets 19% raise, bumping his pay to $27.5 million - Business InsiderThe 19% increase bumps the Goldman Sachs CEO pay to $27.5 million for 2019, up from $23 million for his work in 2018. Essential Very good time for this as unemployment explodes. Can always count on Wall Street to rub salt in average Americans’ wounds. Wrong time for this. 🤦🏽♂️
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
Zoom says huge coronavirus-related boom is increasing cost of revenue - Business InsiderZoom has seen a huge increase in usage as the world shifts to remote word amid the coronavirus pandemic — but that brings new risks.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »
JLL says coronavirus could have long-term impact on remote work - Business InsiderWith the potential for 18 months of disruption, businesses that moved to Zoom calls and WFH may stay that way after the coronavirus crisis is over.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »