Dear SaaStr: If You Just Received a $10m-$15m Funding Round, What Should You Actually Use It For?
SaaStr
NOVEMBER 25, 2023
You’ll be tempted to use the capital to enter new markets, to expand into new segments, to try out new verticals. Tiny experiments are OK, and investing in segments that are just starting to take off is good. Hire more sales reps, to sell to the same basic segments that you already have customers in. Upgrade the management team.
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