You don’t raise money because you’re short on capital. You raise when you’re in a position of power and capital is cheap.
Or if you think that you may not be able to raise this kind of money if the AI story goes down after all these IPOs
Capital is cheap how? Are you saying they think capital would get more expensive?
Or if you think that you may not be able to raise this kind of money if the AI story goes down after all these IPOs