Brendan Foody

speaker
1,144 appearances 2 recordings 2 series first heard Jun 2026 last heard 1 Jun

Brendan Foody’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
2 · Jun OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Jun 2026 with 2.

Appearances

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And everyone thinks that that's a high valuation.
Meanwhile, it was an incredible investment.
Well, so here's the thing is, we'd been growing 50% month over month for the prior six months.
And I think what none of them really realized was that it would continue for the subsequent 12 plus months.
And so then that compounded more and more by September of 2025, or say October, we were at call it 400 million in revenue run rate.
And then Felisa's was like, we want to invest more.
They gave us a term sheet at a $10 billion valuation.
We didn't really want to spend much time on a financing because the business was growing 50% month over month.
And so we were very preoccupied.
And so that was about 25 times.
And the business has almost 4X since then.
If I had to choose any, the series B priced in the most, like the furthest ahead of our growth, or that or the series A, I think it was probably the series B because both were a hundred times revenue, but it's very different to be a hundred times revenue when you're at 2.5 million in revenue versus 20 million in revenue.
So that was probably the largest one, but obviously both were great investments in hindsight.
What is the next round up?
We'll see.
Probably a much higher valuation.
We're getting a lot of offers at meaningfully higher valuations, but the company is fairly profitable.
And so we're taking our time to see who the right partner is.
I totally agree.
I've never been on a warship before, but that's a lot of fun.
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