You are in no way right.
I know the technology business since nearly twenty years and there have been and still are a huge number of smallest, smaller and even bigger technology companies, you can buy for a few bucks. For several reasons:
- because the founder/s is/are tired of putting all his energy/money in this company
- because they run out of money and for a little amount of money the have to give away 50% of their company, just to rescue their developments
- because they put all their money in the R&D, but now have no more money for sales&marketing - and if they don't take a partner on board, they will loose everything
- because the banks want their money back NOW (and the bank guys don't give a damn about a new invention, they only want real money) - and if you get to know a company, which has to pay its bank NOW, you have a "great" position to make a positive deal for you (look at Patriot's deals with Swartz: they were great licensees to print money..., because Patriot had no other choice at these times)
--- and so on...
Fact is, you can buy great technology, great people, great potentials with little money - IF YOU KNOW THE MARKET. And I guess, that's why Turley and Treddenick are on board, isn't it???
GLTA from Bavaria!