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Their last round in 2020 ($40M from Black Round) was debt financing, not investment. That to me is generally a sign of a struggling company. And when the CEO of
by polynomial 5y ago
Their last round in 2020 ($40M from Black Round) was debt financing, not investment. That to me is generally a sign of a struggling company. And when the CEO of such a company claims they were looking for other companies to acquire, it raises a number of questions.