Continuing from the last post, I asked, “So, you mentioned that you guys are burning through 4M/year to hit the financial target and get ready for an IPO. What’s your plan for the next round of funding? Where do things stand now? What’s the current valuation? How long would one need to hold? What are the exit strategies, and what’s the expected return?”Kevin pulled up a financial forecast summary right away (the full version is in the video). Based on current revenue projections, it seems 2025 will break even. By the end of 2024, they expect 1.2M of revenue; in... Continue reading