Chris Golec
๐ค SpeakerAppearances Over Time
Podcast Appearances
It was $2.5 million, and it was in 2007, and it was an investment by Altos Ventures and Adobe Systems, actually.
Both participated.
There was an equity round.
I had done a little angel round that was actually a convertible note six months prior.
Yeah, you know, it's, well, that's a strategic thing that every founder's got to really come to grips with.
Is this going to be a lifestyle business that I want to build and grow and be with for a long time?
Or do I want to generate a 10x return and really scale this thing and go for it?
Obviously, it's a higher risk model.
It's not easy raising money.
I mean, people read about it in the media a lot that, you know, so-and-so, you know, won, got $30 million, right?
for every one of those, there's 200 companies that don't get funded that go out and do it.
Um, so you gotta have number one, the experience, you gotta have probably 500,000 to a million in revenue already.
Yeah.
So it's, you know, it's the hurdle gets higher and higher.
We have about 400 customers.
Um,
You know, we're selling to larger entities, of course, so this is not a SMB, you know, tens of thousands of customer type of model.
Um, yeah, it's not too far off of that.
We're, we're, you know, we'll be above probably a hundred million this year.
Oh, great.