How to Fund Product Development With Customer Revenue?

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"I would almost think ofoover hiring that person. Let's have to pay them hundred thousand dollars a year," he says. "So frugal and then make a really excellent product, cause that's the best way you can lower your cost of sale." The company has raised more than $100 million in venture capital so far.

We sit down with the CEO founders of two of the most capital efficient success stories of all time — Zoom and Veeva Systems — to understand how they grew to billions of dollars in revenue (and tens of billions in market cap) on very, very little capital invested. With the fundraising environment changing rapidly, we couldn’t think of a better topic to discuss or better sources of wisdom for founders, operators and investors all to learn from. Very special thanks to Jake Saper and our friends at Emergence Capital for inviting us and putting this conversation together at their 2022 CEO Summit!

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Statsig: https://bit.ly/acquiredstatsig24
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Crusoe: https://bit.ly/acquiredcrusoe

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Peter’s great Medium blog

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.