Yes of course, I never said Mac was without fault. He is human after all. All I said was I’m a believer in him and will continue to be until something drastically were to change my opinion. I’m still happy with his 14 month tenure thus far, as he has accomplished quite a bit, and these recent fundraising rounds do not change my opinion of him (yet). The dilution sucks, and I wish he could find alternative financing that was more positive of course, but I for one don’t know how one would accomplish this feat with a pre-rev company.
However, at the end of the day, we need money to get to the finish line and I still believe he is doing what is necessary in his opinion/experience/ expertise to best get us there. We will know how much was raised yesterday soon enough (big demand to close in one day).
I continue to stay the course and add when we get these pullbacks. Is that wise?? Don’t know, but we will know soon enough. I don’t harp on people who do the opposite, and I don’t tell them what they should be doing, or how to manage their money, or whatever. It’s none of my business. If you want to scream and yell and bail then by all means, sell and be gone (not you I mean folks in general).