You are definitely right with this. Raising too much money can be counterproductive in the sense that they have all of this money, so they aren't as "careful" with their ideas they're implementing. They figure if one thing doesn't work, they'll just try the next, versus planning how they're going to spend the money. Not to mention the lack of experience in dealing with a project of that magnitude. Hiring so many people so fast before there's even a "status quo" is risky to say the least. I hope they've thought about all of the consequences and aren't just thinking about themselves and their bottom dollar.
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