Remember. The "changed yardstick" is 100% conjecture. It's undeniable that taking outside investment increases the number of people who expect a return from your venture. However, we can't presume to know what the investors were really thinking. They may have known that a talented web and mobile email team will always be a talent buy irrespective of revenues and just sat back and waited to double or tripe their money in 12 - 24 months. Point is - we really don't know if that changed the game that much for them.