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Akash Koli
Experienced Financia...Ā ā¢Ā 8m
Startup Splurge: When $1.8 Million is Spent on Domains! ššø Hey VittArena Network! Imagine this: A fresh American startup scores a whopping $2.5 million in funding, only to splash $1.8 million on buying domain names. Sounds like a wild shopping spree, right? š²š» While investing in a strong online presence is crucial, spending such a large chunk of funding on domains raises some eyebrows. Domains are important, but could this money have been better used for product development, marketing, or scaling operations? š§š On one hand, securing high-value domains can boost credibility and brand recognition. On the other hand, it might be a bit like putting all your eggs in one basketāimagine buying a luxury sports car but then skimping on the essentials like fuel and maintenance. šļøš„ What do you think? Was this a savvy move or a high-risk gamble? Could those dollars have been more strategically invested in building a robust business foundation? Share your thoughts below! #VittArena
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