pull down to refresh
158 sats \ 2 replies \ @k00b 15 Dec 2022 \ on: Synota AMA - Money at the Speed of Energy bitcoin
How did the fundraising go? With regard to your business, what were investors most concerned about?
Frankly, it went so well that you'd forget that we're technically in a "bear" market and that the cost of capital is quite high rn. We've had fantastic advisors that have helped out a ton, and great investors to help us closing the deal and give us guidance. The biggest concerns that were raised were around adoption/timing.
reply
Our investors were excited by the compelling use case. We didn't focus on Bitcoin the asset. We represented ourselves as a Bitcoin technology company ("BTC") that uses Bitcoin as a medium of exchange.
reply