Cash is definitely king!
However in terms of cash burn, I agree with what others have previously said. They need the staff to build the tech. However, once it's built (I.e now) then it shouldn't get any higher relatively speaking.
The scalability here will take care of itself, if the tech is adopted in a greater fashion. Revenue and profits will grow in turn and staffing costs will stabilise, rather than increasing with the production as other more manufacturing based companies do.
The cash burn is obviously not ideal, but if they don't employ the right people and enough coders etc, then the tech won't be worth buying in the first place.
I am keen to hear further thoughts on the above?
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Price($) | Vol. | No. |
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