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I'm guessing most of that money went to pay salaries, just like raising a $1M seed round in the Valley. Since Fisher invested their own money, it's hard to det
by veemjeem 13y ago
I'm guessing most of that money went to pay salaries, just like raising a $1M seed round in the Valley. Since Fisher invested their own money, it's hard to determine if the $1M was only used for the space pen. I would assume they didn't hire that many new engineers and simply allocated existing engineers to the space pen project. On the books it looks like $1M invested, but that amount might be significantly less.