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"As a result of garnering the rights to Mono and a solid customer base, Xamarin wound up with self-sustaining revenue that covers its staff of some 50 people — without having taken on any venture capital."

That's pretty cool. From the article, it sounds like they were cash-flow positive enough to support 50 people, from the outset.



To be fair the real outset was about a decade ago when they created Helix Code (later renamed to Ximian) and started work on Mono.




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