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Yeah. The rationale on the call last week was that the last one raised more from the crowd than expected, to the point where what was left wasn't worth offering to a VC.
And expect another one shortly, but for bigger money (40m I think was touted) but that one actually being a VC round, as EIS will also have been exhausted by then.
Chip doing ANOTHER crowdfunding round? Didn't they just finish the last one?