Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
You don't ask for even more investment money unless you have already spent what you had and now are pretty much broke.
Thats nonsense. In one of my previous startups we would regularly issue shares to VCs even though we had more money in the bank than we knew what to do with. There are countless reasons to get investor funds, not in the least if investors are willing to pay more for a share of the business than you think its worth. Or if you want cash up front and off load (part of) the risk.
OK, so maybe they want to off load some risk or find some suckers who will pay more than it's worth. Pure nonsense
