[piker]

Shoring up the balance sheet with additional equity capital to protect against a short-term drop in revenue isn't a bubbly strategy. It's just good corporate finance.

I think you answered your own question in 2 consecutive sentences:

> Without a plan, or even a good reason, for that money how does it contribute to making your business more profitable or resilient to the vagaries of your market? In the short term it'll keep you afloat but that isn't going to be a big consolation when the money does run out.

Emphasis added.