Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Bryan Cantrill

๐Ÿ‘ค Speaker
4570 total appearances

Appearances Over Time

Podcast Appearances

Oxide and Friends
Oxide's $200M Series C

The debt guys love us.

Oxide and Friends
Oxide's $200M Series C

They're like gimlet pal.

Oxide and Friends
Oxide's $200M Series C

You know, there's DDR four in that thing.

Oxide and Friends
Oxide's $200M Series C

Just like I'm going to go strip the copper out of that.

Oxide and Friends
Oxide's $200M Series C

I guess that's it.

Oxide and Friends
Oxide's $200M Series C

And so it's not to say that you want to fulfill all of this with debt, but this is what it is built for, is being able to borrow money and borrow that money for the period of time between when you have to buy the materials and or pay your contract manufacturing partner for the inventory turn to when you are going to receive cash from the customer.

Oxide and Friends
Oxide's $200M Series C

And that's how you get to like a zero cash conversion cycle and maybe even push into the negative.

Oxide and Friends
Oxide's $200M Series C

But debt plays an important role in that.

Oxide and Friends
Oxide's $200M Series C

And we really had not kind of productized any one of those three areas.

Oxide and Friends
Oxide's $200M Series C

And so that was, while we were having conversations about whether we need to raise, which we didn't think we did, it made sense to go stress test that stuff first.

Oxide and Friends
Oxide's $200M Series C

And the conclusion of all that was we definitively do not need to raise.

Oxide and Friends
Oxide's $200M Series C

Do not need to raise.

Oxide and Friends
Oxide's $200M Series C

So the couple of things that we were chewing on, we were contemplating this, and, you know, one of them still, even if it's kind of a lower concern than it was in the B, is just make sure we can prepare for stormy weather.

Oxide and Friends
Oxide's $200M Series C

A lower concern for you.