[tiffanyricks]

Congrats Liz! This is awesome! I like that your company pivoted to a new model. I am in the process of doing this myself. Why do you need so much $$$ for site that recruites part-time employees? Seems like a big whole to dig yourself out of. Just sayin

[Denzel]

Hiring, training, and managing an internal sales team is very capital-intensive, especially in NYC. My guess (based upon the article) is that a large portion of the funds will go towards building their sales team. It seems as though they've found a profitable business model, and are attempting to pour gasoline on the fire.

[gargarplex]

She is qualified to spend the money to ensure her company dominates the market. There are 20 million college students in the US; if she helps 1 million of them get jobs, then she could position herself to receive at least 10% of their income. 1 million * $10 / hr * 10% = $1 million / working hr.

[tiffanyricks]

I understand the world dominion thing and that's every ones goto answer. I am sure it was Secret's answer too but you see how that turned out. Launched in 2013, raised $35M, and closing doors in 2015. I think Campus Job has an awesome business model and definitely qualified. My thought was too much cash... way too soon... for this type of business.