Eric Stauffers
๐ค SpeakerAppearances Over Time
Podcast Appearances
So there's no real great blueprint.
That's my excuse.
But I've raised capital both for this business and my previous real estate career, but it's been in small chunks of like 5 million, 10 million, 15 million.
Both.
So for this company, I seeded it, Angel Seed, and then Series A, we're on a Series B right now.
That's about my level of expertise.
But when we really need to get out to scale, we're going to have to get a lot more money.
And I'm noticing and starting developing these relationships that it's a much different conversation when you start asking for $100 million versus $5 for $10.
Yeah.
Um, so I guess my question gets down to, um, what are, what would be a good suggestion knowing that I don't want to leave the company and get kicked out yet?
Uh, 65%.
I have some, yeah.
Team members also.
Okay.
Key players.
Yeah.
Chief medical officers, stuff like that.
Yeah, a little bit of that because really we have a lot of technology that hasn't, it's been proven in our clinic and it's ready to basically scale if I could get the money for the manufacturing to build the extra laboratories.
And so I don't want the valuation to be squeezed so much that it squeezes me right out of a power position.
So yeah, that's kind of the issue.