Nice thought out post with illustrations no less.
So the credibility of New Visual is all about the receipt of new funding. Never mind all the people involved in our technological development. Maybe they ... well, hmmm hoped to get on the payroll too.
I can see much to your arguement and its easy to accept because it makes sense.
Nevertheless, there are reasons, answers and possibilities that could exsist that would explain why we haven't gotten funding yet. And yes I DO need to say the right funding package.
prove me wrong!
LOL, thats strikes at the very heart of the issue, if anyone knew what was happening in detail we wouldn't be having these discussions.
A couple reasons you say? All guesses, some good, some bad...we won't know till we know.
Management is not giving enough info to make a loan for the VC (or others) to offer acceptable funding.
They don't like us, they think we're snake bit offering too much promise for a start up.
Money is on the way, from in retrospect, a less than great company and they don't want to start the whole process over again after already giving out shares as collateral.
Ok, as a possibility, our tech doesn't appear to work well enough to obtain funding.
We are in discussions with another company with the potential of merging with one another and we can not give any measurable control to a financer prior to a merger..
Many possible reasons exsist, certainly probable none of the above apply. We have given them much time to resolve certain factors and get funding, your concerns are real and felt by others....but we just don't know. I am glad you made that post, but it doesn't mean its the reality.
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