If the solution to keep afloat was to take 5% haircut than the money situation was not bad. Bigger issue is that apparently there's no agreement between the founders how much company they own and the value of it.
Nice thing about OSS is that Elementary OS license is GNU GPL3.0 which means that project can live on if there's interest in it.
Nice thing about OSS is that Elementary OS license is GNU GPL3.0 which means that project can live on if there's interest in it.