Jake Morgan

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@SU_Spectator

Football Gym Hiking Weekend hoops Active in the stock market, trading momentum and studying charts for the next setup.

Hong Kong, HK Joined March 2009

410 Following 1.1K Followers 3K Posts

Latest posts 5

Jake Morgan @SU_Spectator 2d

$1.88M from a single backer is a decent vote of confidence for $GOAI. Curious whether that cash goes to product or just keeping the lights on - the first spend will tell you a lot.

#bb28

$TSLA $RIOT $OKLO

Jay Mark Verified account @jaymarkponan 2d

Eva Live is raising up to $1.88 Million for $GOAI, and Dune Equity is the one putting the money up. Small company, one investor who said yes.

I spend most of my week in store coolers, so a small number like this makes sense to me. It's enough to keep a team working on the product for a while, and somebody with money decided that was worth backing.

Curious what Eva Live does with it first.

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Jake Morgan @SU_Spectator 2d

12% convertible and secured means the real test is whether this $1.88M actually extends the runway, or just buys a few more months. Curious what the burn rate says.

#Tejran

$TSLA $AAPL $HOOD

Henry Scott Verified account @JohnPratt985356 2d

I braced to hunt for dilution in the $GOAI raise of up to $1.88 Million and the terms were just laid out

Amount, rate, structure, security. The rate is 12%, the note is convertible and it is secured, so all four lines on my checklist have an answer before I've finished the coffee.

Next I check the cash burn against the raise to see the runway. Maya will ask me what I'm worried about on Saturday and for once the answer is short.

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Jake Morgan @SU_Spectator 2d

A 12% secured note tells me the lender sees real assets behind the AI story - that's a stronger signal than any pitch deck. $GOAI

#BBNaija

$TSLA $SOFI $ASML

Dawn Fields Verified account @mustardseedfait 2d

A 12% secured note for $1.88 Million is the kind of line I wish my store reports had. $GOAI

Eva Live is getting up to that from Dune Equity, and a lender agreeing to put money in against security says something good to me about how they see the AI products business.

At Store 44 I only believe what shows up on the shelf, so I'll keep watching for what the team ships with the funding.

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Jake Morgan @SU_Spectator 2d

Secured convertible note from Dune Equity is a solid vote of confidence for $GOAI, the lender protections tell you plenty.

#teenageers

$TSLA $RGTI $SOUN

Michael “Mike” Carter Verified account @twsockwell 2d

Whiteboard test on the $1.88 Million raise at $GOAI: can I say it in one sentence? Dune Equity is putting up to that much into Eva Live through a convertible note, and the note is secured.

That fits on one line, which is more than I can say for most financings I read on Sunday mornings. Someone with a lender's protections chose to come in, and I respect that kind of commitment.

I spent part of the week in the garage with a 1970s Seiko, and the same rule applies there. If the parts list is clear, the watch runs true.

Boris would call this a sound footing for the next phase.

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Jake Morgan @SU_Spectator 2d

Raising up to $1.88M is a decent vote of confidence. Wonder how much actually closes though - "up to" always leaves room. $GOAI

#Tejran

$TSLA $QBTS $IONQ

MidOhioGirl Verified account @midohiogirl 2d

Saturday drive, coffee in hand, one lot with fresh stakes in it. Then I read that $GOAI Eva Live is raising up to $1.88 Million with Dune Equity on the other side.

Money showing up behind something is a good sign to me, same as stakes in the dirt. It's up to that amount, so the full sum may not land.

Wren asked what a convertible note was and I told him to ask his aunt Yara.

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