Comment by dig247

I get the need for runway given the burn rate at 1 mil/month. I just can't understand the investors motivation. What does annual revenue really look like? Meadow raised just over 2 mil and is close to profitability. It all just seems a tad excessive in terms of cap raise, burn and realistic growth. But again, just keep raising capital, eventual you can IPO and dump it on a bunch of retail guys.