Eric Boggs
๐ค SpeakerAppearances Over Time
Podcast Appearances
We just broke our 100,000 unit sold mark.
Yeah, I was, that was a, that was a very weird time and ended up selling bits and pieces of the company to a couple of different buyers.
And in a not good situation, our investors got quite a bit of their money back.
So it turned out to be not a complete smoking crater, but maybe just like a smoldering small hole in the ground.
We'd only raised 1.5, 1.6.
Okay.
And that was a little bit of the problem.
The other competitors in our category had raised massive amounts of money.
Yeah.
Yeah.
I think we had realized a little too late that it was a foot race.
And, uh, at that point, you know, a lot of the market was so far ahead of us and we kind of made some dumb product decisions early on as, as companies are wanting to do, but we just didn't have the cash and the runway to get to where we needed to get.
So, you know, you live, you learn.
Uh, I contractually cannot share.
Oh, is that not public?
Um, I think the whole thing kind of wrapped up like two years ago.
Um, so actually, yeah, I guess I probably could share.
I mean, it was probably somewhere between 60 and 70 cents on the dollar.
Um, one was an enterprise buyer that we actually tried to get to buy the whole company.
Um, and earlier in the life of Argyle, that conversation kind of progressed and never really, you know, we never really got married.