Hmm, don't know about an immediate jump of that magnitude. It is a subsidiary, and venture capital is not without liability, we don't know the terms of the agreement yet, but venture capitalists go in expecting big returns over time. Often in the form of the issue of new shares in partial or full repayment, and this would constitute a dilution of shares. What it does indicate is confidence in the future of whatever subsidiary it is and their product/service offering. And hopefully extra capital should mean a faster growth and ultimately a better return for all investors.
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Hmm, don't know about an immediate jump of that magnitude. It is...
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