pdfFiller · online PDF editor
Raise money as late as you can and fund new products from your cash cow
Reached ~$18.5M before raising; ~$200M revenue on ~$150M raised
Workedfinancingportfolio
What they did
pdfFiller grew to about $18.5M in revenue before its first outside capital (2015). It was run as a cash machine whose profits were invested in other products. Guest's advice: raise as late as possible, don't pay yourself much, don't spend, preserve cash, and think about exit from day one.
What happened
Raised ~$150M total including loans while reaching ~$200M revenue.
- Stage
- early
Related topics
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