Brett Hurt

I truly love Brant today.

He's one of my best friends, but I would not do a 50-50 deal.

I knew what kind of value I had to the business and I served on the board of directors of shop.org.

I had a tremendous network

out there, and I had tremendous know-how.

Coremetrics was my fourth business, and it was a successful business.

And so I negotiated with them.

I won't tell you where we ended up, but we did not end up at 50-50, but I ended up with a much bigger equity stake.

But at the end of the day, Brent did incredibly well financially, and it was also a dream come true for him.

And one thing I'm particularly proud of is by the time Bizarre Voice went public,

Two things.

One is we had only raised 23 million and we had over 100 million run rate with 13 million left in the bank.

Y Combinator said it was one of the top five most capital efficient SaaS businesses of all time.

Wow.

That's incredible.

With only 13 million of capital use over a six-year period.

That's incredible.

Yeah, that was a good burn multiple.

Then the second thing is that those firms that gauge how you're doing on giving equity and how generous you are, we were the second most generous SaaS company by that time, 2012, out of all SaaS companies that had gone public before in terms of how generous we were with equity to all of our employees.

Yeah, we had a big one.