Tim DraperFounder and Managing Partne, Draper Associate · I back the ideas that look crazy first

TeenTechEd founder face tough questions about scaling on Meet The Drapers Astana episode!

22 Jan 2025 · 1 min

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0:39

TeenTechEd's founder defends raising capital despite breakeven status, citing Timur Turlov's example of balancing burn rate and revenue. The founder wants exponential growth over gradual expansion, even though the business is already self-sustaining.

Why do you need the money if you already became breakeven? Because the valuation does not look high enough. And if you're sustainable enough now to go forward, why are you choosing this capital raise if you will compare this opportunity to just slower growth?
Timur Turlov, he understands that there is a fine line between your burn rate and having this revenue. It's a very risky line. In our, let's say, territory, yes, we are sustaining itself and growing gradually. But we want an exponential and high growth. Go!