For fundraising,
I thought that the team should wait till at least middle or the end of 2019 to restart fundraising.
The type of fundraising will have higher probabilty to catch flow of capital when investors feel good due to their previous profitable investments.
They will more easily to accept call of fundraising when they have good mood, not bad one.
In my opinion that is not a valid argument. Nobody knows what the market will look like in half a year from now. They want to continue with their project and need the funds now.