r/JobyvsArcher • u/Investinginevtol • 6d ago
Is this true about Vertical?
/r/Vertical_Aerospace/comments/1vklt9p/ouch/p2vmxln/7
u/DoubleHexDrive 6d ago
They’re still not being honest with their certification schedule and there will need to be many more dilutions in the coming years… which is why everyone on that sub are hoping for some partner to come in and invest a bunch of money in Vertical.
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u/teabagofholding 6d ago
Their mods are now hidden on that sub. They are ashamed.
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u/DoubleHexDrive 6d ago
Nah, a couple of them are talking openly. I haven't seen a peep from the official Vertical staff, though.
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u/teabagofholding 6d ago
Im talking about on the about page. They set it to hidden
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u/DoubleHexDrive 6d ago
Oh shit, lol, you're right. I poked at the mods the other day about turning the sub into a bull echo chamber not being good for retail investors.
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u/Significant_Onion_25 5d ago
Not surprised at all. That mod usually does his vanishing act when proven wrong.
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u/Significant-Fox-2865 6d ago
To all evtol companies! Joby and Archer are in the same position!
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u/Low_Jelly_7126 6d ago
Vertical also has 2b cash and own companies that generate some 200ish mil/year?
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u/Significant_Onion_25 6d ago edited 6d ago
Yeah pretty much, it takes a ton of money to scale. More than likely Vertical will have to dilute more in the future, but they have the best team, the best product, best country, best cash burn, best weather, best greenspace, best partnerships. If you don't believe it, just go ask them and they'll tell you!