honest question: why does medium need to raise so much money? Given that ev is behind it, I would imagine he has the financial resources to fund it himself AND

honest question: why does medium need to raise so much money? Given that ev is behind it, I would imagine he has the financial resources to fund it himself AND more importantly, he has the connections within the silicon valley Illuminati (i.e. VCs, Tech Journalist, CEOs of various tech companies).