They have raised, but they didn&#x27;t raise until they were profitable -- that is, WELL past &quot;default alive&quot;.  They are remarkably different in this respect than essentially every YC startup.<p>Pretty sure Fog Creek has never raised either, while having 50-100 employees.<p>The overall point is that you don&#x27;t have to be a one-person business to grow at a slower but &quot;healthy&quot; rate.