Taking an equity stake in an end customer in lieu of cash may sense in some situations, the key being to be very selective.
POET needs to go out immediately and hire a prominent, savvy, grizzled vetran of the semiconductor industry to negotiate extremely favourable licensing terms and occasional creative deal structures, and do so with a veritable avalanche of licensees to maximize the potential for monetization.
Any suggestions who they could get? Maybe someone closely connected with a foundry who has a big ol' dog-eared rolodex chock full of first name relationships and cell numbers of CEOs of global device manufacturers and their ecosystems?
Anybody come to mind?
Oh, yeah.