Pitch deck: How e-commerce firm VTEX got millions in SoftBank funding - Business Insider

This story requires our BI Prime membership. To read the full article,The London-based e-commerce infrastructure company VTEX recently raised its first major fundraising round from SoftBank's Latin America fund and two major Brazilian investors.

"Previously we were allergic to external funding because we were doing well without, but now we know how to scale and see the opportunity," Mariano Gomide, the co-CEO of VTEX, told Business Insider in an interview. Two Brazilian entrepreneurs spent years shunning external funding as they grew their business before deciding to take on SoftBank cash in a bid to take the company to the next level.

Founded in 1999, VTEX has generally avoided taking big capital. "I think it's a big mistake from entrepreneurs to think of a big funding round as an end goal," VTEX co-CEO Mariano Gomide told Business Insider in an interview. "We were allergic to investment until we found the best way to apply that money wisely to scale, and now we have our playbook for growth."

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Amazon and Google are leading investments in hot voice-first startups - Business InsiderIn-house venture funds at Amazon and Google are leading the charge into the voice-first revolution and pouring millions of dollars into startups
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

The 11 best political podcasts of 2019 - Business InsiderThis year, we've chosen our 10 favorite political podcasts, ranging from newcomers to veteran shows that built the industry.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

5 key takeaways from 'The Innovator's Dilemma' by Clayton Christensen - Business Insider22 years after its publication, 'The Innovator's Dilemma' is still the best book on disruption ever written. Here are 5 key takeaways you may have missed on your first read. (by lizabeth_kiefer)
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »

Mars CEO explains how Gen Z is transforming the $35 billion company's workplace - Business InsiderMars CEO Grant Reid said that the work environment at Mars includes more flexibility, the ability to work from home, and open offices.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »