Not really. They have to return $1.2B (either in cash or equity) and their burn ... | Hacker News

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		wmf on May 12, 2020 \| parent \| context \| favorite \| on: What Was TON And Why It Is Over Not really. They have to return $1.2B (either in cash or equity) and their burn rate is high. Now they have to find a new business model before the runway runs out.

jandrese on May 12, 2020 [–]

So they get to keep half a billion and never had to offer anything of value?

true_religion on May 12, 2020 | [–]

The amount they get to keep cake from accredited investors, so I don’t really feel any sympathy there.

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