But I would warn them, based on prior experience, that having a pile of cash can turn you into a target for takeover from someone who wants your cash. Once the companies merge, all that cash becomes 'our' cash and they can use it to buy themselves a couple extra years of burn rate.
But I would warn them, based on prior experience, that having a pile of cash can turn you into a target for takeover from someone who wants your cash. Once the companies merge, all that cash becomes 'our' cash and they can use it to buy themselves a couple extra years of burn rate.