Ann: Investor Presentation, page-40

Thought it was honest of them to include this slide:




"It typically takes 3-4 years from foundry licensing deal until their customer starts mass production → royalties for Weebit"

Here's a good enough reason for me to understand the short thesis. Run it up and have the safety of a very large window before institutional investors (who wait for proven revenue growth) are likely to run price back up..

I still suspect market will continue to view foundry sign ups as nominal with little impact on price - customer and size announcements being the re-rate catalysts.