Eric Stauffers
๐ค SpeakerAppearances Over Time
Podcast Appearances
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 or $10.
So I guess my question gets down to what would be a good suggestion knowing that I don't want to leave the company and get kicked out yet?
Okay, I have some Yeah, team members also.
Okay, key players.
Yeah, chief medical officer, 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.
Yeah, that's the issue.
Yeah, the people we have right now are like that.
We have some professional athletes and celebrities.
A lot of people that were like really good patients of ours.
Yeah, and then they wrote us checks.
But they're not really big funding partners.
How much cash do you need to finish this round?
Five million.
But we want to go out and raise one hundred and twenty six.
OK.