Enrique Vaz

Hey, investors are coming in at X and you're leaving at Y, which is three, four, five, 10 times lower.

But he understood the issue.

He understood what was fair.

And what we did is that we buy out 75% of his equity.

So he kept a little bit because he was in the early years of the company and we found this was fair.

And so we were able to get to this number and ended up being good for everybody because for the investors, they could got into on a lower valuation when you look at the average.

And for me and my other co-founder, Jefferson, which is our CTO, we were able to cap more of our equity.

Exactly, exactly.

Something between 5 and 10X discount.

Yes, it was.

Let me remember the numbers.

Yeah, but something like that.

We pay a total of 200K, something like 150K, 200K, something like that.

Okay, got it.

No, no, no.

Sorry, sorry.

This is, I'm looking at the conversion.

I'm at Brazilian conversion.

We paid him like $30,000, $40,000.

The final difference was before this seed round 2019, we raised it back in 2017, when we were first starting.