Alex Fishman

The assumption there is that if you're a small startup just playing with bugs to try your new app or just doing some sort of testing,

then you should be able to have quick turnaround around your bugs.

But if you're a big organization and you have a whole workflow and you have teams looking at that, then obviously three days is not enough.

Then you'll be inclined to be paid.

No, I understand.

It's not being foggy.

We just haven't decided to disclose these numbers yet.

Yes, we are funded by K9 Ventures, the same guys who funded Twilio, Ozero, eShares, Lyft, Lytro, if you know any of these guys.

$1.2 million.

We actually, you know, we are a reboot from a previously failed attempt, so we raised a bigger round before that, and that's a remaining capital that the investors told us to keep after we decided to shut down the previous venture.

We have all the investment in the cap table, but we had to reset the cap table.

We, well, it's much more complicated conversation than four or five minutes we have left, but basically we reset the cap table from scratch and we honored everything the investors had and even a little bit more.

Yeah, so Bugsy was founded in January of 2016 and we shut down our previous venture in July of 2015 and we had the six months of period between July of 2015 and January of 2016 trying to figure out what the hell are we doing.

We are, I want to say, seven people full-time and five people part-time.

And where are you guys based?

We are distributed across probably like five or six countries.

Okay, so totally remote.

Yes, totally remote.

I myself in San Jose, California.

Hard Things About Hard Things by Ben Horowitz.