Eric Berman

What year was this?

99.

This is 90.

This is a 2000, April of 2000.

So we were supposed to go out about July of 2000.

And I was watching my CFO have a heart attack on the fly, flew home immediately.

And we had a $2 million bridge, actually, sorry, a $10 million bridge loan lined up two bridges to the IPO.

And all the bankers, everybody basically closed the windows immediately after the crash.

And so they needed to hold off.

And so...

we were literally sitting there with our pants down and said, what the hell are we going to do?

And so it was, it was a crazy, crazy time.

Uh, well, you know, we were burning about 2 million a month at that time with 400 employees.

And, uh, you know, we only had enough run for maybe three, you know, two, three months with that, with that, that staff.

Well, in total, the lifespan was 75 million.

We just finished the Series C and yeah, we're getting some big players.

It was we were like the little darlings of San Diego and it was really exciting.

And we're supposed to be the ones acquiring all the companies in the college space.

So it was a fun time, but it was a tough loss.

Exactly.