Where does the money you raise go within your company and processes?

With today’s and its financial contribution, I thought of a topic we probably haven’t talked about much here.

Money allocation once the funds are raised.

I reckon most of the money used to be allocated to:
– marketing
– hiring more people (though with AI, this is becoming more questionable, and I’d say this option is being ruled out)

  • Once you raise money, how do you manage it?

  • Which areas do you allocate it to, and what are the proportions (%)?

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I will let you know once i raise money 🤷😂

 How many accelerators or VCs you approached? :D

 Not yet 😄 but it is coming very soon !!!

How do you decide where to spend the money after raising funds and how much goes into each area