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Ep36: Fintech, Crypto & Marketplaces; w/ Chris Dean, Founder & CEO @ Treasury Prime — Product Market Fit podcast

Product Market Fit

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How to Rake Series B Funds for Engineering and R&D

When you raise the series B, what percentage of those funds go to engineering and R&D versus sales and marketing? Is it skewed much more towards growth at that stage or is it still evenly split? We're a product company and we always invest in product pretty heavily. I am CEO because I'm good at it and because I couldn't trick anyone else into doing it. There has definitely been an increase in the go-to-market side and that as we grow, that takes a larger and larger percentage chunk.

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