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New Zealand AI founders reject $5M offer to focus on global growth and sustainable scaling.
The founders of CloudHound, a New Zealand-based AI startup, rejected a $5 million pre-revenue acquisition offer, choosing instead to focus on global markets like the U.S. and EU, avoid premature scaling, and leverage the current AI boom.
They cited strong product-market fit, the high-impact nature of their cloud migration solution, and the opportunity to build sustainable, scalable value.
The founders urge other New Zealand entrepreneurs to aim globally, prioritize execution and revenue, and resist early exits.
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Los fundadores de AI de Nueva Zelanda rechazan la oferta de $ 5M para centrarse en el crecimiento global y la escalabilidad sostenible.