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joeystocks

07/09/15 11:35 PM

#13716 RE: Skiluc #13714

Usually when you get funding from venture capitalists it is done in tranches so let's say the amount was $15m, after each progress they are awarded a tranche of that money. The good thing also is, once they committed a certain amount they are likely to keep giving until they can reap the rewards. Look for news that they have received more funding. But let's not forget they will be receiving revenue now which should stem their need to receive funding from outsiders.