Oh they'll use it...I have no doubt about that. If I led this company, I'd be foolish to turn it down (without knowing anything else). I'm less sure what's going through heads of their investors.
Why are you making all these bold statements without mention or discussion of any business metrics?
Without knowing things like yearly revenue growth, LTV of customers, churn, operational costs, etc. how could you make any claims about if the valuation or capital raised is or isn't justified?
