Alex Shvarts

And there's a reason why we do it.

Well, I think we did about 70 million worth of revenue last year, give or take.

Yes.

And that's because I sit here seven days a week and I write this stuff and make sure it's working fast and quick and seamless.

And that's a lot of, and again, I got to tell you, a lot of people, so you have your Shopify's, you have your Stripe Squares, the big players, and they're very technology driven.

And the rest of the industry is just not, they're really lagging behind.

So that's, I think, where we stand out.

Technology-wise, I think we're really ahead of all of our mid-sized competitors in the space.

Good question.

I think it's going to be valued by who the buyer is.

People ask me that, what's the exit?

There's really going to be only two buyers, right?

There's either going to be a bank who's going to need this full setup that can underwrite and fund deals, or it's going to be a hedge fund that's just got an enormous amount of money to put out and wants a vehicle to be able to do it through seamless things.

I don't know what your prom notes are at, but it's actually not easy right now, you know, with the race, the interest rates and everything going up, it got a little tighter and a little harder.

So

Look, a lot of the funds are putting money out at 13% to 15% a year in my space, which I think- Is that where you're at right now, your cost of capital?

No, it's not.

12% or less.

No, not right now.

Oh, God.