IPO's and OEM's...Again?
Violin is playing an off key tune that even the tone deaf can identify at this point.
If you're a successful startup and you've filed your S1 why would you ever hide behind any government program when you could utilize your supposed YoY marketshare growth to propell your IPO. Hmmmm, could it be that their revenue boasting is as solid at their "OEM" relationship with HP was?
And, speaking of OEM's... A level below OEM at Dell is nothing more than selling through S&P with the rest of the toner, paper and wireless mice. Generally you don't move a lot (or any in Violin's case) of self proclaimed enterprise FLASH storage through a prosumer based sales organization focused on single digit margins and mass volume.
In short, continuing to spend other peoples investment capital, claiming wild market capitalizations, IPO's and non existant revenue predictions get you a free ticket to liquidation and not liquidity.