Ariel Asaroff
👤 SpeakerAppearances Over Time
Podcast Appearances
And with the valuations currently in the VC market,
There is no real urge to go ahead and sell the company.
And by the way, to your question regarding what have we done creatively with the money in this round, we actually cleaned up a lot of the cap table from the older investors.
Tell me more about that.
How did you do that?
We, you know, you send a preemptive, we'll give a good deal.
People that felt like they were going to lose their money a few years ago, suddenly found out they were at 20, 25 X and many sold.
And that made the cap table a lot cleaner.
On top of 55.
Say that again.
On top of 55.
We didn't count inside the round.
Oh, okay.
So what was the total round size?
I can't remember the exact number, but 55 is the amount of money that we got into the company.
Zero accepted.
No one wanted.
No one did it.
No one wanted to sell.
Actually, in the previous round, it was very interesting.