Antti Navala
๐ค SpeakerAppearances Over Time
Podcast Appearances
So how could that be used?
And none of us who stayed with the business were that interested in
selling any but yeah it's a different thing if you've already left the business early on like with our longer history that some some people had left so i i think it was a really good good arrangement for for everybody investors could put a little bit more in and those who had left them left the business earlier were able to get liquidated
Yeah, I'm not willing to share the actual valuation, so you can speculate as much as you can.
But yeah, we're leaving that to the market.
yeah um well first of all just to be clear i'm not confirming that um your your range is is actually actually correct um but um let's say generally speaking i don't think we did anything at the high valuation we we did uh we have done all of our funding rounds with the mentality that
We want a clean structure, like clean terms for the company and fair market valuation for the investors and us because that keeps us on that track of increasing in valuation as our business grows.
And I think that's what has happened to us.
So maybe we've avoided some of the hype peaks, but the benefit of that is that everybody can focus on just growing the business and
understanding that valuation keeps increasing.
So yeah, I feel very good about the terms and rounds that we've completed.
And I actually, I mean, I mean, that you're after something really important, because it's not necessarily an easy situation for a company to, let's say, succeed to raise money at the peak of the valuations, and then have to deal with the potential downsides of that, if the
even when sometimes the multiples also- Yeah.
Yeah, for me, it's one of the first ones I read as a business book, Jim Collins, Good to Great.
That appealed to me.
Not really.
Well, yeah, I thought you might ask that.
And I have to say that as a software engineer, there's really nothing that beats the dev environments like Visual Studio and Git and that.
Maybe not like the traditional online tools you would get as an answer, but those are my favorite environments.
Eleven and nine.