Brett Adcock
๐ค SpeakerAppearances Over Time
Podcast Appearances
As of the last six months ago now, nothing.
They just don't do this stuff.
I just made $110 million, or just sold the company for $110 million.
I made a lot of money personally.
Ended up going all in on Archer through the IPO, through going public.
I put all the money I basically had.
I bought a house and the rest of the money went all into it.
And it was a stressful period.
So we went public through a SPAC.
And the reason it was tough is we ended up getting to a point where we just couldn't raise enough money privately.
Like it was either like raise, you know, $100 million privately at like, you know, some valuation, three, four or $500 million, or it was like go public and raise like a billion dollars.
Wow.
And we ended up going public and raising a billion dollars.
Wow.
You've got a huge appetite for risk, huh?
And we got sued during it.
oh really yeah like we got sued by uh basically like boeing in a big uh big startup that was founded by larry page google founder and uh that's gotta be intimidating yeah it was uh i woke up to like a front page of new york times article about oh yeah it was uh it was crazy i mean the backstory is i um the i took so larry page started a company and um in the bay area
about 10 years ago called Kitty Hawk.
And they did a great work over like 10 years in electric VTOL aircraft.
And I ended up taking basically the core, like the core 10 to 15 folks that were there all came over to Archer.