Dani Golan

Many cases in the past that I've seen, people, in order to inflate the valuation, were willing to give crazy terms to the investors.

Exactly.

So when you're promising multipliers, when you're promising... Danny, share my... My audience doesn't know what that means.

So when you are getting any money into the company, let's say a million dollar, a 3x means that first of all, you need to return...

3 million back to the investors before you do anything else.

Yes.

So, so going back to your question about evaluation, evaluation is bullshit.

If you have crazy terms and, and the terms mathematically, right?

Simply by math are far more important than the actual valuation.

And the reason, so we are a late stage.

We have raised a lot of money and we're at scale.

We're near profitability.

2008.

Actually, April's Fool's Day, 2008.

Yes, yes.

So I wasn't willing as the founder to wait one more day.

And I said, either we are the biggest fools around or...

We're on to add to something.

Later, by the way, later, we found that Apple was also founded on April Fool's Day.

Not a bad comp.