As opposed to a funding round, this approach is advantageous: Financially -- - Cash out the existing (presumably closely-held) equity holders with 100% of de

As opposed to a funding round, this approach is advantageous: Financially -- - Cash out the existing (presumably closely-held) equity holders with 100% of deal proceeds. "Existentially" -- Reduce execution risk by getting the team access to: - Existing battle-tested deployment infrastructure (& devops) - Existing pool of engineers that can be assigned to the project, and who are familiar with the infrastructure - HR, facilities, logistics, support, etc...