So what does this slide from Douugh tell us? They have $6m raised compared to the 5 companies they see as their competition in the USA having raised circa $3BILLION in equity funding! They're basically bringing a spoon to a gunfight!!
Moneylion is valued at 10x douugh, but has raised 40x more capital to get to that position...
The question is how much capital are douugh going to try and raise and how soon. as shareholders, we should all be thinking about how much capital they are going to need in the very near term just to stay afloat, let alone compete against that group. any theories from anyone on when the next capital raise will be, and how much we'll get diluted?
What will the capital raise price be?
So what does this slide from Douugh tell us? They have $6m...
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