“We didn’t match the same patterns as many of the direct to consumer startups you see today that raised a lot of money early on and had high burn rates. We have been serendipitously building the business in a way that would help us weather the current storm: our team has always been lean with just 3 full-time employees, geographically distributed and remote (which investors initially questioned our ability to build a fast-growing DTC startup this day), and have burned very little over the last few years.”
Read all about the hundreds of millions of dollars invested into NYC companies last week along with details of funding rounds not covered anywhere else in the universe…
Remember waking up on Saturdays when you were a kid and having a big bowl of sugary cereal while watching cartoons? For most of us, adulthood and our waistlines do not offer us the liberty to eat like any longer. But Magic Spoon is the fun-loving cereal direct-to-consumer brand for adults that reinvents childhood classics with […]
A mega day with the sheer number of fundings! The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 9/12/2019 featuring funding details for Magic Spoon, Hawthorne, and much more.