RE: Next fund raise25 Apr 2025 10:20
Shpunken
Yes, I stopped following the company after the last fund raise, it was an absolute disaster and re-learned the lesson that without any skin in the game, von jako was just like another manager ceo, nothing else. The extra cash they are generating might give them few months runway but won't be enough given their mamoth cash burn every month, also polarean's history suggest they will very likely raise funds again at the wrong time! Nukem, Philips, Bracco, they all had their chances and could have bought this company if they wanted to but given polarean's massive cash burn, perhaps they will allow it go under first and then buy it from the administrators for peanuts, it's just a guess.
Regardless I wish you all the best.
GL