"question":"How much money has Blockstack raised?",
"answer":"<p>Blockstack PBC has raised ~$75m+ from equity investments and token offerings--approximately $23.2m from two token offerings in 2019, $47.5m from a token offering in 2017, and $5.1m in equity investments.</p><p>Traditionally, venture-capital-backed startups target around 12 to 18 months of runway after a new round of financing. As of October 2019, Blockstack PBC has a projected runway until at least the end of 2021 at current burn rates.</p><p>Our audited financials are available <a href='https://stackstoken.com/circular'>in our offering circular</a>.</p>"
"answer":"<p>Blockstack PBC has raised ~$75m+ from equity investments and token offerings--approximately $23.0M from two token offerings in 2019, $47.5m from a token offering in 2017, and $5.1m in equity investments.</p><p>Traditionally, venture-capital-backed startups target around 12 to 18 months of runway after a new round of financing. As of October 2019, Blockstack PBC has a projected runway until at least the end of 2021 at current burn rates.</p><p>Our audited financials are available <a href='https://stackstoken.com/circular'>in our offering circular</a>.</p>"
Mary Anthony
5 years ago