2.4m in revenue annually, with 10.1 in operating expenses and salaries. 181k cash left in the bank. but guess what, they’ll still prey on these VCs and also just opened up equity crowdfunding to prey on the public idiot investors to fund another one or 2 years of operations before they go bankrupt
most esports orgs exist for the purpose of swindling very rich venture capitalists not knowing what the scene can support.
sounds exactly like sentinels
take a look at their financial statements and they’ll floor you
https://startenginebetadev.s3.amazonaws.com/production/startups/63fd26d54ce5a85575533a3d/documents/offering_details/Sentinels_Form_C_8-2VFF.pdf
2.4m in revenue annually, with 10.1 in operating expenses and salaries. 181k cash left in the bank. but guess what, they’ll still prey on these VCs and also just opened up equity crowdfunding to prey on the public idiot investors to fund another one or 2 years of operations before they go bankrupt