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Thats a lotta money
W4, eh? As in “Waiting For?”
Well…
Pick one. 15mil is a brief sizzle in the modern market(s), tbh. Poof and its gone.
For a lightweight organisation which has foregone layers of management waste out of financial necessity, it funds an awful lot of development.
If it starts to expand significantly in order to accelerate their efforts then that seed money will burn out increasingly fast. Unless they can establish significant ongoing income streams of some sort, or sacrifice capacity by keeping their structure similar to now, then they might burn out.