Robjok. I think in hindsight raising cash when they did ended up being a great move. It means it can fun itself without tapping the market for more. It will as you mentioned be used likely for operating cash and development. Long term it's a question of 1) will it be successful 2) will their tech be variable for +10 years which will give it time to turn a good profit. Remember, even Linkedin wasn't profitable with +1bn rev. There comes a time when these type of company need to start turning a good profit. That's why you have to believe they'll still be around in ten years and growing.
Robjok. I think in hindsight raising cash when they did ended up...
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