NerdWallet, the online tools platform that helps customers understand how to make better financial decisions, has raised $64m in a Series A round. The money is ostensibly much more than the company needs right now, but NerdWallet CEO Tim Chen believes that the huge pile of cash will help attract the best talent....I recall that good talent does not need to come perse for cash....
NerdWallet has raised $64 million in its first round of funding, far more cash than it needs to run the personal finance startup, in part to underscore its growth and show it has the potential to one day be valued at over $1 billion. NerdWallet CEO Tim Chen (L) speaks with VP of growth & marketing Stephanie Wei at their headquarters in San Francisco, California, United States,. NerdWallet said it had raised $64 million in its first round of funding, far more cash than it needs to run the personal finance startup, in part to underscore its growth and show it has the potential to one day be valued at over $1 billion.
http://www.inc.com/reuters/startup-nerdwallet-raises-64-million-in-first-round-of-funding.html