David Walsh
speaker
241 appearances
2 recordings
2 series
first heard Feb 2024
last heard 7 Jul
David Walsh’s voice in public audio — every appearance, attributed to the second.
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Appearances
And you know what, like right now I'm kind of deciding how much capital do we really need to execute the vision and the strategy to get to revenue because once we get to revenue, we should be able to raise another round.
So those are all conversations we're having right now.
And I think it's more important about less about dilution, more important about strategic value add from the investors and building a good relationship with them.
It's a safe and the post is higher than us.
It's actually 7 million.
Right now, currently we've sold under 20, but the target is 1.4.
So we sell 20.
That's a great question.
No, you know what?
I came up with the idea.
I got it off the ground and I got the initial kind of customer traction and then was pretty deliberate in trying to find a CTO and a technical co-founder who had the experience to build the infrastructure that we were looking for.
So because of that, you know, we actually went with 60-40.
And then the 10% difference is actually for the option pool for early stage employees.
I'm a big believer in getting the early team quite a significant amount of equity if they're a really good value add and then obviously on a four-year best.
Yeah, that's how we structured it today.
Yeah.
Yeah.
Well, actually it's six, sorry, 50 for me, 40.
Oh.
Yeah, 40 and then 10 for the option pool.
Showing 161–180 of 241 · page 9 of 13
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