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@Velocio
Hey, I qualified that statement.
After 70% of the £100k is spent we'll be looking at the subsequent £400k.
The only reason it's mentioned is because we do have some venture capital interest, and that we may take that investment a lot sooner. This is wholly dependant on those VCs having expectations that are in-line with ours and that they understand where we are and what we're doing. We won't be taking any earlier investment if the expectations are misaligned (i.e. that the VC thinks we're in the growth phase when we're still trying to make the right product for people using it).