From f063a16d25f533f323aaf7e93104e54b26af9175 Mon Sep 17 00:00:00 2001 From: Mary Anthony Date: Wed, 23 Oct 2019 09:05:55 -0700 Subject: [PATCH] Changing the amount per freddie Signed-off-by: Mary Anthony --- _data/theFAQs.json | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/_data/theFAQs.json b/_data/theFAQs.json index bc332291..54f833f5 100644 --- a/_data/theFAQs.json +++ b/_data/theFAQs.json @@ -625,7 +625,7 @@ { "category": "tokens", "question": "How much money has Blockstack raised?", - "answer": "

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.

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.

Our audited financials are available in our offering circular.

" + "answer": "

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.

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.

Our audited financials are available in our offering circular.

" }, { "category": "tokens",