Iam absolutely sure that if youcould provide them with funding sources for them to continue talks with I bet they will listen. This is another one of my little irratations. Complaining and advice with no solutions. I we are concerning about the fundings strategy then I should get my check book out and help fund the company direct or at the very least introduce the CEO to some outfit I approved of. Has that been done by anyone..NO.
Unless there is conventional bank financing available and most startups don't have that so they come to the equity markets to be able to use equity to raise capital. The crime in my opionion is not the manner in which it is raised but what is done with the money once it is in company hands. You know raising capital in a small company is expensive. Heck even NYSE capital raising is extremely lucarative. Look at the billions the big company IB get in fees. It is not the manner in which it gets done it is the manner in which it gets handled. New Mgnt, New direction, Real Intent to do what is right. That is the new ADCS
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