I’m actually one of the architects of this processor. The story that I tell wasn’t so much that they were at the point of needing to spend real money, but it was pointed out that to compete with Intel/Motorola they would have to pay for development over and over- and the couldn’t afford (then) to spend the money to do that.

Ironically, that decision led (pretty much directly) to the formation of ARM (and PowerPC, of course)