Hacker News Reader

Hi there - Walker from Teespring here. Both rdl and earbitscom are right. We took money to give ourselves the cushion we need to scale and aim big, and we raised it from people we believe can make a difference to our business.

I'm writing a follow up to my first blog post (wiwillia.com) where I'll get a little more into the details of why we chose to raise.

cool. I liked part I. Looking forward to the follow up.

Revenue does not equal profit and they want to scale quickly. They may have only $150k in profit on $1M in revenue and want to run operations at $250k in monthly expenses.

They didn't take "dumb money" -- they took money from people who would both make it easier for them to grow and who would make it easier to either raise huge amounts of future money (for expansion) or to sell the company in the future.