Open letter to the community from Jollas Antti Saarnio (copied) in the following:
"Dear Jolla fans, community, customers and Jolla Tablet backers,
Less than two weeks ago, on Thursday November 12 I was presenting Jolla at the great start-up conference SLUSH 2015, telling about Jolla’s ups and downs, focusing on death valleys that we start-ups very often go through. I told the audience that so far Jolla has had two serious death valleys, one in the very beginning in 2013 when we lost our whole technology platform, the basis for our first smartphone. The second death valley was later in 2014 when the Jolla smartphone was not selling as anticipated and its technology was aging.
In my SLUSH presentation I also explained that the Jolla Tablet delays was Jolla’s third death valley, and that we are fully determined to overcome this challenge. The very next morning after SLUSH, I learned that our lead investor had withdrawn from the November financing round (total size of round around 10M€