Online Petstore Get Lots and Lots of Money

from the oh-my dept

I remember a few months back when Petopia raised $66 million before launching they even claimed their differentiating factor was that they had more money than all the other competitors. Well, that’s no longer true as two of its competitors have just announced huge funding deals. It’s a little scary when such a competitive market space can see all of the main players raise over $100 million despite being in business for such a short while. There are going to be some might big failures here.

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