Where does the money you raise go within your company and processes?
With today’s Vercel Day and its financial contribution, I thought of a topic we probably haven’t talked about much here.
Money allocation once the funds are raised.
I reckon most of the money used to be allocated to:
– marketing
– hiring more people (though with AI, this is becoming more questionable, and I’d say this option is being ruled out)
Once you raise money, how do you manage it?
Which areas do you allocate it to, and what are the proportions (%)?
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ProdShort
@busmark_w_nika I will let you know once i raise money 🤷😂