For a while, the dream of employee riches appeared intact. In March, Good executives filmed a video presentation for an investor roadshow for an I.P.O. The company, whose revenue grew 32 percent to $212 million in 2014, projected 17 percent revenue growth in 2015. Executives expected Good’s cash to last through the year, according to the company’s prospectus.
Lots of interesting stuff in this article but the most interesting: Good was a company with $212m revenue in 2014. The key question of course is why were they mucking around with VC money vs. just running a business?