Alex Smereczniak

And that's what we did in college too.

Yep.

So we had this weird, I mean, we're at this point, probably 24, 25 businesses starting to hum in Charlotte.

We're probably not bankable yet because none of us, we have some assets, but no, like the businesses venture back.

We'd raise some venture capital for it.

Um, a lot of the money that we were making was going right back into technology, scaling new products, new markets.

So we, we had this, it's kind of in between tweener moment where you couldn't go build a half a million, million dollar laundromat.

We just didn't want to use venture capital that way for a non-scale asset, like a laundromat.

Yeah.

Um, and so you're raising money at this point though.

Yep.

So we raised 400 grand in our first round at a two and a half million dollar valuation.

Okay.

Uh, and we were doing 20 K a month, 30 K a month in revenue.

In hindsight, probably would have gone for a high valuation.

Yeah, yeah.

There was a lot of learning that happened in that whole phase, too, of just venture capital.

Yeah.

So, yeah, definitely have learned a lot.

I mean, I've now raised collectively $40, $43 million.