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That is a really good question. An outside investment on this scale seems kind of like a vote of no-confidence for the internal efforts.


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Exactly my thought.

I went to their website, tried to find non-trivial calculations and I couldn't find any. I really don't know why there is even a question of whether to raise funding or not.


They got $8 million in funding a couple of years back. One would hope that would be sufficient.

What makes you think there is funding involved?

They constantly give funding to projects FWIW. I don't know at this scale though.

Funding.

Funding.

Funding.

Yes, it is. It seems logical that 3x the funding isn't going to produce 3x the outcome, especially at this stage.

Or it could mean there is plenty of interest, but people don't agree this project is the right way to fund it.

That answer rubs me the wrong way.


Any ideas what they needed $132 million in funding for? Seems like a ton of money for what they do.

Maybe, but why? Surely there is a reason why this was not funded via the usual means?

How did this get funded? What's the game plan here?

I'm not convinced it is under funding. It could also be too many managers and not enough front line staff. Or it could be too many regulations making the process need far more time (time=money).

I don't know, but I lean to too much process.


Probably depends on how much leverage those seeking funding have.

Who is funding it and why?

They could have more money for 2 reasons: 1. People may have stopped the support seeing how the existing funding is mismanaged. 2. People may not support seeing how little work is done with the existing funding.

Basically better state of the project = more likely funding.


I wonder how much of their most recent round of funding went towards this.

> contribute public funding towards the private investment goals

Is this actually happening, or is this just speculation?


Who funds projects like this?
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