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We feel this is an exciting way to raise capital. We have had serious talks with major venture funds but have decided to grow the company somewhat more before we let them in. Right now we would have to give away a too big part of the company, the money will be used for an even more aggressive push into the U.S. market, which is our fastest growing market and where we see the best potential for growth going forward.
Found on Reuters 9 years ago
It was an ambitious goal, but unfortunately it has taken a bit longer than we hoped. But we are rapidly closing in on our target and if we maintain our present growth rate we will reach one million users in early March and pass three million users around October, with the enormous interest we are experiencing from potential investors right now, I think it will be quite easy to raise the amount we are asking for.
Found on Reuters 9 years ago
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