because Netflix is a successful streaming company that spent a...

because Netflix is a successful streaming company that spent a butt ton more than 30mil to get there.
tv2 is a potential streaming company aiming to get on the map.
should be pretty obvious why I draw that comparison.

if you don't like it then don't invest. it's literally that simple. personally I see 30mil in 3 years for a spec company with multiple potential money making deals on the table to be pretty standard.
if you want a company that makes money now there are plenty of them. just be prepared to open your wallet.