"I would want some of my original investment out of even a great investment for diversity as well as planting seeds in other places. Yours is not the only valid conclusion or opinion to why early angel investors sell."
I never said it's the only reason. But it's a fair assumption that they are selling for less than they bought in, yes? There's a difference between selling for a massive profit and diversifying your portfolio, and cutting your losses.
As to the synergies:
"Red Cat, he said, brings just the right mix of talent, experience and funding opportunities to help propel Teal to the next level."
Red Cat has no talent beneficial to Teal. In fact, the last drone that Teal and Rotor Riot worked together failed miserably. Fatshark is good at making goggles, which are irrelevant to Teal (see the remote control). And Fatshark's manufacturing is in China, which is not accessible for Teal's "Made in USA" market. Red Cat is also a younger company that Teal is. As is Rotor Riot.
So, that statement is about as boilerplate as it gets, and thus proves that there are no synergies (otherwise they'd be mentioned).
News 
Market Data 
Discover 
AI
