Funding from investors is more valuable moneywise than funding via developer equity because it gives you cashflow. In the real world, you can't spend a negativ

Funding from investors is more valuable moneywise than funding via developer equity because it gives you cashflow. In the real world, you can't spend a negative balance even if it is higher than an alternative negative balance. I agree, though, that once you do have sufficient cashflow, then the two are equivalent.