but I know the team’s funding is secured through their series A to survive a multiple year bear market. But is the team also self sustainable with their current revenue stream alone…?
The team burned $1,2 mil of woo this month so that would mean the other $1,2 mil is their “income” (burn is 50% of revenue) hence my assumption.
Because if the revenue stream won’t sustain their business model Woo will have to keep relying on outside funding like VC money for survival
How much money do you think they need? 😂 40million is enough for years even without counting the revenue
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