Ann: Flamingo AI Investor Webinar December, page-29

I found the CTO a bit vague too. I think the reason for that is that they didn't need the money right now and he was trying to explain that there are projects in the pipeline they'll bring forward now because of resources. I think he was trying to make the point that don't worry we aren't going to waste this money we will simply work faster to what we planned.

In someways this sounds reassuring but at the same time we all know plans can change so fast forward 6 months and maybe that pipeline of projects would have changed so what is being brought forward may not have been executed, especially if they're different products.

It sounds like there's a lot of hot money floating around looking for an AI home and they took advantage of that. It will cost money and time to hire the right people to take on the extra work areas and bring future pipeline of work online.

As a possible investor I would have been more encouraged to hear them say they will focus on their sales pipeline and go live initiatives as that's their full focus and that they anticipate this money will assist them in xyz way. These new projects while they are on their forward work plan don't really mean anything to me or seem to be focused on customer sales AI / finance sector. That gives me a pause for thought tbh as a new investor and perhaps moves the company away from being a first mover in a niche to establishing themselves as a broader AI company without the bankroll of someone like Google, Microsoft etc. This analysis could be way off but its a vibe as an outsider looking in.

They could be doing all the right things and about to create new engines of growth for the company. Those with more AI understanding than me will get that better than I will.

I'll keep watching hoping they go well etc and jump in when I have a bit more confidence!