Yes I think that's one lesson: the risk of pursuing additional funds was not allowed to discount the utility of the 600. Perhaps if risk (say 10% success of mor

Yes I think that's one lesson: the risk of pursuing additional funds was not allowed to discount the utility of the 600. Perhaps if risk (say 10% success of more involved raise) were accounted for the 600 would have been more like 60, making the smaller deal 4x better. If someone offers me 600 I'll try not to lose my shorts. At the end of the day it's not a lot of money -- esp in London!!