I think under $5ml is not a lot of debt for technology company. Technology company generally take on a lot of debt in the development stage that is why it is only second to pharmaceutical in that respect. Skype was $500ml in debt when Microsoft bought it for billions. What lawsuit?
I remember a group of guys saying the same thing to Steve Jobs in 1993. Then the development starts to pay off. Please let me know when you are ready to sell, will love to take them off your hands.
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