The group I was advising encouraging to take over a project was disheartened for the last two weeks because of the unclear response of prospective investor who saiid yes a month ago. We wondered and speculated on the true state of their finances.
There was a lot of worry on personal circumstances. At last we got an snswer Since the commitment now is 1/4 of original projections a lot of adjustment have to be made: 1. budget, 2. timelines, 3. marketing.
When the month ends, the team can proceed and be a financial success.
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