By Chris SmithTSLA (TSLA) Finance, a global technology company, has recently filed its IPO paperwork in New York.
This means that the IPO process is now complete and the company is now able to sell its shares on the secondary market.
We’ve talked about TSL a lot on the TechCrunch Live Podcast before, so I won’t get into that here.
However, it’s worth mentioning that TSL has been working hard to make its IPO public, as they’ve released an investor letter and a blog post detailing the reasons for the company’s public listing.TSL has not disclosed the exact amount it raised from the public offering.
It says that its first round of funding came in at $50 million, and that its second round came in with a total of $150 million.
The company also notes that the funds it received from its first investor, Vulture Capital, went towards funding its “innovation” team, which it says will “continue to build our team.”
It’s a lot of money for a company that has struggled to grow.
The TechCrunch team has talked about the challenges of scaling up in the past.
TSL said in its most recent earnings report that it has struggled with its scaling problem for a number of reasons, including lack of money to pay staff, and an overall lack of trust from investors.
It also cited “weak demand” from investors for the service and its inability to scale up its infrastructure.
Tsl also mentioned that it was “unable to build out the infrastructure that we need for growth.”TSL is a relatively new company, founded in 2013 and operating since 2010.
At the time, it had around 60 employees.
Today, it has over 1,200 employees and a valuation of $4 billion.
Tsl is expected to file for an IPO later this month.
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