Just because you make a better mousetrap does not mean the world will beat a path to your door.
Pros
Since I have been at Tabula, I have been deeply impressed by my fellow employees, who are great stewards of a hugely complex technical conundrum. They are very dedicated, and they really want to make a mark on the industry of reconfigurable computing, even stretching to compete with Company X and Company A. But this technology could have much wider implications. Tabula may create a niche between APIP/ASIC chips and FPGAs, which would be a huge accomplishment.
Cons
Sine I have been working there, I have seen many example of the company management getting muddled as to what the end point should be. The exit strategies floated all seem extremely long term, and this is not appealing to employees who are counting on leveraging their options. In Series D financing, some dilution occurred, and employee who left, were essentially diluted to near zero. It is quite apparent to people both within and outside the company that they will need additional financing to bring the second round of ABAX chips to market. Only with the new line of ABAX chips can this company reach a break even state, so this financing must occur. It will result in further option/stock dilution to the employees. As time goes forward, the situation will become iffier and iffier for the newest employees. Loyalty is already on the wane.