Everybody has an opinion. it gets tiring when it's repeated hundreds of time
I would justify the 41MM in funding as;
a) a great long terms cash reserve
b) instant fame and media spotlight
c) zero need for marketing spend
d) an ambitious vision, with slightly more chance than before the 41MM,a to come to fruition.
Sorry to go against the grain, but that's my take. If all goes down the gutter, then I hope the founding team took some money off the table (but not likely they needed it).
I would justify the 41MM in funding as; a) a great long terms cash reserve b) instant fame and media spotlight c) zero need for marketing spend d) an ambitious vision, with slightly more chance than before the 41MM,a to come to fruition.
Sorry to go against the grain, but that's my take. If all goes down the gutter, then I hope the founding team took some money off the table (but not likely they needed it).