Crescendo secured Series A funding from General Catalyst using a milestone-based approach, focusing on execution rather than continuous fundraising.
Crescendo secured Series A funding from General Catalyst using a milestone-based approach, focusing on execution rather than continuous fundraising. The company achieved rapid product-market fit and growth through strategic partnerships and acquisitions.
I mean the basic thesis of of this is that the BO market, the labor market for for people is is highly commoditized at the moment. It it's very much a race to the bottom on just really providing labor. It's not really business process outsourcing. It's really who can provide me with offshore labor at the lowest cost and then it's an arbitrage. So and there are many many businesses with this with this arena. Our philosophy is that actually by partnering with organizations who are very very skilled at operating this. I mean it's amazing me coming from a tech background I'm constantly impressed by the operational rigor of of these companies but by bringing that what we can actually do is by combining you know the technology viewpoint outcomebased model and and and bringing in this we could take something that has this level of value and make it make it a high value you know and that's I
mean I'm not a an investor but obviously this is a model that's been around for a while which is a rollup