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Superhuman Financial Wellbeing | Barney Hussey-Yeo, Founder & CEO, Cleo
Searching for Mana with Lloyd Wahed
How Clio's Strategy Has Changed Since the S&P 500 Hit
Clio has raised a lot of money and then over the last couple of years year year and a half you know venture capital landscapes have been tricky particularly for companies in what is the growth phase such as Clio. I've basically if I'm fundraising you should probably short the market and sell the new investments because when I raise the series B it was the day covid hit so we've got our term sheet and we've just signed it the day the S&P 500 absolutely timed and the market obviously completely went away like the next day. Luckily we don't need to fundraise until 2025 so we've still got a lot of time in capital but now we've got this decision of okay
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