Yeah that was my concern as well. I used to work for an AI company that ended up in the same predicament, they raised way too much money at a high valuation and

Yeah that was my concern as well. I used to work for an AI company that ended up in the same predicament, they raised way too much money at a high valuation and in the process cut down the potential acquirer pool to 3-4 companies. They are now a zombie with worthless common shares, no shot at an acquisition and nowhere near enough revenue to go public.