The firm found that
space companies tend to raise more money during early stages of investment, until the Series B round.
Not exact matches
Compared to many other
companies in the mining
space, royalty
companies have
tended to be better allocators of capital, taking on very little debt and deploying cash reserves only at the most opportune times.
Most
companies tend to rent far more
space than they need because the decision is based either on what other similarlysized
companies are renting or a hunch.
In the Canadian legal tech
space, analytics
companies tend to fall into one of two categories: descriptive analytics and predictive analytics.
It also gives the
company a small wedge into the messenger
space as it'll have an opportunity to touch all the platforms that are connected to Tenor like even Facebook messenger, though that one
tends to flip between GIF platforms indiscriminately.
Companies in the crypto
space tend to need time due to the infancy of the industry.
With the exception of lower occupancy costs — maybe a few thousand dollars a year, depending on where the office is and whether the
company owns or rents its
space — costs
tend not to drop, says Cocks.
Law firms and financial service
companies in particular
tend to prefer traditional office
space.