Derek Capo

We're planning on doing a seed round, probably about $500,000 to $700,000-something thousand dollars is what we're looking for the seed round.

Probably on a note.

Okay.

Yeah.

Yep.

We can get a price round.

That'd be great.

But I mean, if no, no, whatever, whatever, whatever the market's going, it's not that great right now.

Uh, we've been looking at, uh, some of the deals have actually kind of gotten, um, not as good as it used to be about a year ago.

I think, I think obviously the, the valuations are actually much more expensive or at least, uh, how, how ideas got funded quicker about a year ago than they are now.

Now they're taking a little bit longer.

Uh, so I think, uh,

you need to have definitely a lot more sustainability or a lot more momentum going before you really start to really show your idea.

Oh, of course it's a good thing.

I mean, as an investor, I think that's a great thing.

I think one of the reasons why the best businesses were started in 2008, 2009 is because it weeded out a lot of crap, right?

And so when you have an environment where investors are taking their time and you have businesses that have to prove themselves more, then I think it's great.

So for us, we're okay.

We've all had money from our own businesses before.

We're putting in money.