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📈 AI cloud startup Runpod has hit an impressive $120 million annual recurring revenue — and its journey started with a simple Reddit post. According to TechCrunch, founders Zhen Lu and Pardeep Singh pivoted from repurposing cryptocurrency mining rigs to building a developer-focused platform for hosting AI applications. They initially bootstrapped growth by offering free access to their service on Reddit, which attracted early users and eventually paying customers. That early momentum helped them reach $1 million in revenue in under a year and later secure a $20 million seed round co-led by Dell Technologies Capital and Intel Capital. Today Runpod serves 500,000 developers worldwide, including teams at major companies, and operates across 31 regions — a testament to how solving real developer needs and community engagement can fuel rapid growth. 👉 Read the full story on TechCrunch: https://techcrunch.com/2026/01/16/ai-cloud-startup-runpod-hits-120m-in-arr-and-it-started-with-a-reddit-post/ #Runpod #AICloud #StartupGrowth #ARR #TechCrunch #AIInfrastructure #DeveloperTools #RedditSuccess #TechNews

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Royalty Pharma Financing Growth Alternative Traditional Biopharmaceutical Fundraising Facing difficult traditional equity markets, biopharmaceutical companies are increasingly turning to royalty financing. This model provides them with upfront capital in exchange for a percentage of a drug's future revenue, avoiding equity dilution. For more info: https://www.zs.com/insights/royalty-financing-alternative-traditional-biopharma-fundraising

In today’s healthcare world, healthcare revenue cycle management software plays a vital role in turning complex billing processes into smooth, reliable workflows. By automating claims, billing and payment reconciliation, this solution reduces errors and speeds up reimbursements so care teams can focus on patients. With an intuitive interface and real-time insights, healthcare RCM software gives administrators clarity over finances and improves collections while enhancing patient engagement and satisfaction with transparent billing. Content source - https://www.damcogroup.com/healthcare/revenue-cycle-management