There is execution risk. This is the main risk right now with GSW.
However, I find solid ground in the following:
-Partners such as Amazon, Yum, NA Williams, Johnny Rockets, CBA, etc will likely have done a level of due diligence into GSW before agreeing to any considerable deal.
-For the upcoming raise, established investors (especially if it is accurate that they get in around $4) have done some sort of due diligence to conclude that there is significant upside from the current level.
-Depending on the level of the raise, this can serve as a SP floor for the near/medium term.
-Personally, from doing research on the management, I have been impressed by the team they have put together. Significant large company experience which likely helps them close these deals. Clearly, from the board advisors to the current management team, they have assembled the right leadership.
-I imagine with this upcoming raise they are bringing on more key staff and especially the high end tech executives that have been rumored for a while now.
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