1) Look at the board and management. Many of us here invested in LX Ventures because of the top notch Management. From Mike Edwards who has over 2 billion in exits, including Summify (he invested in it and soon sold to Twitter) to Hootsuite's CEO, Ryan Holmes.

I would hope they are well-regarded, these guys aren't random mining execs who suddenly want to go into social media, aka. PIE-V, these guys have backgrounds in the tech sector.

2) Dilution? Your guess is as good as mine. They recently acquired a couple of companies, strutta and Icopper.io, giving them shares. And with more acquisitions to come, Dilution is inevitable.

The burn rate was listed before Mobio's launch, so there's no question that the rate has changed substantially.I don't have an idea of cash position, but like the other poster mentioned, they recently did a pp.