I understood what you meant before, but still see it as a bad analogy.
For context I saw many rounds of funding as a board member at Vicarious which was a pure lab for most of its life (and then later attempted robotics but that small revenue actually devalued it in the eyes of investors). There, what it took was someone getting excited about the story and smaller performance milestones along the way.
I understood what you meant before, but still see it as a bad analogy.
For context I saw many rounds of funding as a board member at Vicarious which was a pure lab for most of its life (and then later attempted robotics but that small revenue actually devalued it in the eyes of investors). There, what it took was someone getting excited about the story and smaller performance milestones along the way.